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FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
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Home›China›The Buzz | Facebook sets up subsidiary in China, where it’s blocked

The Buzz | Facebook sets up subsidiary in China, where it’s blocked

By -
Thursday, July 26, 2018
93
0

Facebook is blocked in China but it’s still setting up a subsidiary in the world’s most populous country.

The company says it wants to set up an “innovation hub” in Zhejiang to support Chinese developers, innovators and startups. It has done the same elsewhere, including France, Brazil, South Korea and India. But it is not blocked in those countries.

Facebook said yesterday [Macau time] that the subsidiary will focus on training and workshops for developers and entrepreneurs.

According to The Washington Post, a filing published on China’s National Enterprise Credit Information Publicity System listed the company as Facebook Technology (Hangzhou) Co. The filing, which is no longer accessible, noted that the company is owned by Facebook Hong Kong Ltd. It has registered capital of USD30 million.

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