Wednesday, February 9, 2011

Facebook puts out feelers to China

The establishment in the Chinese special administrative region sequence representatives in India and Singapore and is part of the expansion of Facebook in Asia, the Journal reported, citing the manager of the U.S. company for the Asia-Pacific region, Blake Chandlee.

Facebook CEO Mark Zuckerberg was in December 2010 in Beijing. This speculation had been raised that Facebook might seek a registration in China. The former British colony Hong Kong is part of China since 1997. Economic policy, Hong Kong has a far-reaching autonomy.

Facebook is the largest social networking site with already some 600 million members. The rapid growth of Facebook compels them to move its corporate headquarters in the U.S.: In order to create sufficient space for the now more than 2,000 employees, Facebook hired former campus of the computer maker Sun Microsystems in Silicon Valley.



Sun no longer needed the area to the takeover by the software giant Oracle. Facebook can make the move easily: The Internet company had recently collected 1.5 billion U.S. dollars from investors, including investment bank Goldman Sachs

On the new, nearly 24 acres in Menlo Park, south of San Francisco are nine buildings. Facebook's employees, so far mostly in rented homes in nearby Palo Alto. The new office complex is scheduled for June or July are related.

With Facebook, users present on profile pages on the Internet and network while with friends and acquaintances. This makes Facebook attractive for advertisers. The company is now valued at $ 50 billion. Facebook is considering in 2012 to go public.

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