Facebook and Twitter too late for China’s Internet

Facebook Inc and Twitter face a daunting task in China, if access to their social networks is unblocked, as they would be up against deeply entrenched domestic rivals which cater to local needs and tastes.Years of isolated growth means China’s sophisticated social media companies, including Tencent Holdings, Sina Inc and Renren Inc, won’t be too worried if Facebook and Twitter prise open the door to China’s 591 million Internet users, the world’s biggest online population.
http://in.reuters.com/article/2013/09/25/china-internet-facebook-twitter-idINDEE98O04Y20130925

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.