China vs Facebook: Intimate rivals
Wednesday, January 22, 2014 - 11:31
in Mathematics & Economics
A couple of years ago I was part of a group visiting the mighty companies of Silicon Valley in California. The purpose of the trip was to understand the views of organisations such as Facebook, Apple and LinkedIn about their international role. It was clear that China figures in all of their worlds. No wonder, for the country represents a potential market of over a billion people, who - according to most available data - look healthily addicted to social media. As many as 900 million mobile-phone users, and over half a billion who surf the internet every day, is a lure too large to ignore.