Facebook eyes Chinese market

Saturday, April 10, 2010
Facebook, Inc.

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Social networking website Facebook is planning to enter China's web market.

According to Sina.com, Larry Yu, spokesman for Facebook said that Palo Alto based social networking website is "interested in China, just as we are many other countries, and while we are studying and learning about them all, we have no specific plans for China at this time."

Facebook registered the Facebook.cn domain name in 2007, reports Xinhua.

The famous networking website has more than 400 million users around the world. 70 percent of Facebook users are from the U.S.

According to the China Internet Network Information Center, China had approximately 384 million users in 2009 end. (ANI)

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