Facebook sneaks into China market
SAN FRANCISCO: Facebook Inc has found a new way to enter China: secretly launching an app under a different name.
The photo-sharing app, called Colorful Balloons, was released in May to help Facebook enter a market that it’s been blocked from since 2009, according to a person familiar with the matter.
Facebook has said its goal of connecting the world would not be possible without the world’s most populated country, but declined to confirm the details that were first reported by the New York Times.
“We have long said that we are interested in China, and are spending time understanding and learning more about the country in different ways,” said the company.
“Our focus right now is on helping Chinese businesses and developers expand to new markets outside China by using our ad platform.”
Facebook has long eyed China’s more than 700 million Internet users who currently use homegrown social networks, including Tencent Holdings’s WeChat. Bloomberg