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At this point, China is gone for Facebook, for the same reasons Facebook dominates the rest of the world. WeChat has strong network effects, everyone is already
by enitihas 6y ago
At this point, China is gone for Facebook, for the same reasons Facebook dominates the rest of the world. WeChat has strong network effects, everyone is already on it, and Tencent has deep enough pockets that they don't have to worry about anything Facebook might do. WeChat is also much more integrated into daily life in Chaina than all of Facebook apps combined. So I am sure they have given up on China practically.