Did Facebook just get blocked from opening a company in China?
Well, that didn’t last long...
Breaking into China has never been easy for Facebook. This week’s development shows how hard it still is.
Still, despite having their main services banned in China, both Facebook and Google have vast business interests that extend far beyond their core products. That gives them plenty of room to explore other opportunities in the world’s biggest internet market.
Even if Facebook can’t open an office in China, it still has a presence of sorts in the country. Facebook partners with Xiaomi to make and sell Oculus VR headsets. It also sells ads to Chinese companies hoping to reach a global audience. And it released a Chinese version of the Moments app, called Colorful Balloons.