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> Google, Facebook, Apple each make billions of dollars from China, every year. How does _Facebook_ make "billions" in China in particular? It's completely ban
by m0zg 6y ago
> Google, Facebook, Apple each make billions of dollars from China, every year.
How does _Facebook_ make "billions" in China in particular? It's completely banned there.
- systemvoltage 6y agohttps://en.wikipedia.org/wiki/List_of_websites_blocked_in_mainland_China https://en.wikipedia.org/wiki/List_of_websites_blocked_in_ma... Also, as others might point out that "Way into China is to abide by their rules and regulations" - which is not true when the restrictions imposed are to gut out the business and establish a CCP-controlled branch that serves only Chinese people. For example, Wikpedia is blocked, how is Wikipedia supposed to even enter the "market" (I know its a non-profit org). The truth is that China doesn't want western information, knowledge and values. This stance hides behind "rules and regulations".
- shard 6y agoA company doesn't have to sell things to the local population to do business there. There are many companies in China which wish to access the user base that FB has. Here is an article from NYT talking about the $5B that FB made from China during 2018: https://www.nytimes.com/2019/02/07/technology/facebook-china-internet.html https://www.nytimes.com/2019/02/07/technology/facebook-china...
- NovemberWhiskey 6y agoYou forget; users are not Facebook customers. The advertisers are Facebook customers. Facebook may not be selling ads targeted to users in China, but it's sure as heck selling ads to Chinese companies. Facebook: you're not the customer, you're the product.