Thousands Of Oak Vice President Shen Bo Yang: Renren Is Not Afraid Of Facebook Entering China.

2010/12/23 10:17:00 58

Thousand Oak Group Shen Boyang Facebook Renren Happy Network

Zuckerberg visited China's IT giant.

Industry people think, once

Facebook

Entering China also means that the world's most famous social networking site has entered the best Internet market in the world, but it is called the Chinese version of Facebook.

Renren net

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Kaixin

There is no concern about this.

"We don't care what other companies do. We only care about whether their products are popular with users."

A spokesman for Kaixin said, "Facebook entry into China" will not change the location of white-collar users, nor will it affect the established development policy of the company.

Oak Pacific Interactive

Vice President

Derek Shen

It is also believed that Internet Co in the United States, including Google and YAHOO, has not developed very well in China, so Renren has no need to worry about Facebook entering China.

Analysts also said that Facebook will face two barriers to China.

Because Facebook enters China, whether in independent status or through the acquisition of joint ventures, it is necessary to comply with China's laws and regulations before entering China, and Google has to withdraw from the Chinese market for relevant reasons. In addition, Facebook has not yet realized its profits. In the Chinese market, Renren, Kaixin and QQ have formed loyal and huge user groups, built up a higher market barrier and have made profits, and these companies obviously understand the Chinese market better than Facebook.

Although Facebook has excellent strategy, architecture, technology, products, services and applications, it may not be competitive with Chinese Internet companies with obvious localization advantages.