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Aya Lin · · 1 min readIn brief: Facebook eyes minority stake acquisitions to enter China, sources say
- Facebook is looking at alternative ways to enter the blocked off Chinese market, including taking minority stakes in local tech firms, Reuters Breakingviews reports, citing people familiar with the matter.
- The social network has been in discussions with investment funds and other companies, according to the sources, but progress has been slow.
- Facebook’s services were blocked in China in 2009, shortly after riots in the country’s western Xinjiang province.
Editing by Charmaine de Lazo
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