Facebook and Twitter too late for China’s Internet

A man works on his computer inside a coffee shop in downtown ShanghaiBy Paul Carsten BEIJING (Reuters) – 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. …



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Posted by on Sep 25 2013. Filed under TECHNOLOGY. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.

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