According to some blogs, Facebook is doing some major steps towards capturing the China market.
The popular social network Facebook, claiming 39 million users, has been making moves that suggests it is ready to enter the Chinese market very soon, writes Times Online.
Analysts said, however, that the networking site faces enormous challenges gaining a foothold in the lucrative Asian market – in the form of local competitors, a stricter regulatory framework and cultural differences which suggest the Chinese may be less willing to embrace the site.
with others players like social networks QQ.com and 360quan.com owned by Koolanoogroup we are sure going to be witness to some interesting times…
