Facebook focuses on helping Chinese businesses, developers expand in global markets

Updated 2017-08-14 14:00:44 Global Times

The U.S. social network company Facebook Inc said it is beefing up efforts in learning more about China and focusing on helping Chinese businesses expand to new overseas markets on its ad platform.

The announcement came after foreign media reported over the weekend that Facebook authorized a local Chinese firm to launch a photo-sharing application in the country in May. Facebook's social media platform is not accessible in the Chinese mainland.

"We have long said that we are interested in China, and are spending time understanding and learning more about the country in different ways. Our focus right now is on helping Chinese businesses and developers expand to new markets outside China by using our ad platform," a Facebook spokesperson told the Global Times on Monday.

The app, called Colorful Balloons, is similar to Facebook's Moments application in function and feel, but does not carry the Facebook name, the New York Times reported, citing a person with knowledge of the company's plans.

The app was released in China by a company called Youge Internet Technology, according to information in Apple's app store.

Youge could not be reached for comment by the Global Times as of press time.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58September 22 2018 22:33:41

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16September 22 2018 22:33:41

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18September 22 2018 22:33:41

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords