Facebook Inc (NASDAQ:FB)’s CEO is expected to attend the board meeting at Tsinghua University School of Economics and Management, China. Bloomberg estimated that the company can bump some $3 to $4 if the social platform manages to get on board 30% of China’s 618 million Internet users. However, for this to happen, at least in part, the ban on the website should be removed.
Starting with 2009, Facebook Inc (NASDAQ:FB) has been inaccessible for the Internet users in China and the firewall seems to be getting stronger as time passes. To get an idea, Bloomberg, The New York Times, YouTube, Twitter, Instagram and BBC are not reachable from within the most populous country. Some hopes are raised as there will be a four-day meeting featuring China’s top entities focused on the “rule of law”, as Bloomberg pointed out.
Whether the event is a chance for Mark Zuckerberg to present Facebook Inc (NASDAQ:FB) to China remains a matter of debate. Nevertheless, it offers him the opportunity to meet the country’s top experts, who might be inclined to pursue a career at Facebook Inc (NASDAQ:FB). This can extent to the point that the company will get to know better what China represents through these meetings and prospective job offers. So, there are far too many incentives for Mark to gladly accept the invitation and take a trip to the Eastern part of Asia.
Earlier this month, Facebook Inc (NASDAQ:FB)’s presence was also noticed at the Internet.org conference in India, where Mark Zuckerberg promoted access to internet for the most needy part of the population. Then, after less than a week South Korea’s Samsung had a meeting with the social network’s CEO and speculations said that it planned to pursue a more aggressive approach towards mobile that way. There’s little to infer beyond taking a guess, but it’s certain that there’s no way to interpret the overall news as being bad.
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