The Facebook spokesperson would neither deny or confirm the news, so for now it can only officially be seen as a rumor, though it’s clear that many are hopeful that the deal will go through, as Baidu’s stock has already significantly risen.
Even if a deal is struck, the joint venture would have to be approved by the Chinese government, and even if it is both sides will then have to agree on staffing choices for the new company. If the deal goes through, it could be very beneficial to everyone involved, as Baidu is China’s most popular search engine, Facebook is by far the largest social networking site in the world, and China is the most populous country in the world, and home to the most internet users. If this joint venture site attracted the same percentage of the population that Facebook has so far in the U.S., they could gain over 530 million users.What do you think about these rumors, and do you think a Facebook/Baidu joint venture would be approved by the Chinese government? Feel free to discuss in our comments section below. Also, if you plan on getting in touch with friends or family in China or anywhere else in the world, check out StanaCard. StanaCard is the only service where you can simply dial a local number to reach anywhere in the world, and make $10 for both you AND a friend without leaving your computer.
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