Just Hours After Approval, China Kills New Facebook Venture
China is a tricky place to do business. This is what Facebook is finding out.
After striking a deal with the Chinese which would allow Facebook more access to the world's largest market that sent shares to an all-time high, the deal was quickly struck down.
In less than 24 hours, Facebook when from being approved in the deal with Alibaba to no record of it in the Chinese database.
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