Face­book to Launch In­no­va­tion Hub in China

Asia Outlook - - News -

Global so­cial net­work gi­ant Face­book has an­nounced that it will be launch­ing a new in­no­va­tion hub in China that will be used to sup­port lo­cal star­tups and de­vel­op­ers.

The move to bol­ster the Com­pany’s pres­ence in the mar­ket is be­ing taken de­spite the cur­rent re­stric­tions that block the vast ma­jor­ity of so­cial me­dia sites from oper­at­ing within the coun­try.

The in­no­va­tion hub will be launched un­der the Chi­nese sub­sidiary of Face­book in Hangzhou – the home of ecom­merce gi­ant Alibaba.

The US firm has un­veiled sim­i­lar fa­cil­i­ties in In­dia and Ko­rea, along­side a host of Euro­pean coun­tries, with each of these fo­cused on of­fer­ing train­ing and work­shops in the aim of en­hanc­ing global dig­i­tal skillsets.

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