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Unlike GM, Tesla and Apple, Facebook is not making money by operating in the Chinese market. Facebook is making money from Chinese advertisers via resellers. It
by adventured 7y ago
Unlike GM, Tesla and Apple, Facebook is not making money by operating in the Chinese market. Facebook is making money from Chinese advertisers via resellers. It's Chinese capital being exported to Facebook outside of the country, for a service operating entirely outside of China.
Equivalent to an advertiser in China going through a local ad broker that works with the NY Times, to place an ad in the NY Times in a paper sold in NYC.