February 25, 2014
LinkedIn Expands in China With Local Site Limiting Content
Source: Bloomberg
Journalist: Sarah Frier
LinkedIn Corp. (LNKD:US) is introducing a Chinese-language website that will restrict some content to adhere to state censorship rules, expanding in a country where U.S. technology companies have clashed with the government.
The Mountain View, California-based professional social-networking company is offering a new version to provide a more localized service after more than a decade of having an English-language site there, Derek Shen, LinkedIn’s China president, said in a blog post yesterday. LinkedIn is also creating a joint venture with Sequoia China and China Broadband Capital to connect more than 140 million Chinese professionals, he wrote. LinkedIn said it has more than four million members in China, which is one of the company’s fastest-growing user bases.
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