Twitter opens Hong Kong office, gains China foothold
Twitter Inc has opened a Hong Kong office, its first in the Greater China region, the company whose microblogging services are blocked on the mainland said on Tuesday.
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Beijing: Twitter Inc has opened a Hong Kong office, its first in the Greater China region, the company whose microblogging services are blocked on the mainland said on Tuesday.
Twitter collected $479 million in fourth-quarter revenue from advertisers who paid to inject their ads, known as "promoted tweets", into Twitter users` timelines. The company has 288 million users worldwide.
China`s censors have blocked Twitter`s microblog since 2009 along with U.S. social media platform Facebook Inc and Google Inc`s YouTube.
Beijing officials say this censorship is necessary to maintain social order. Twitter was credited with helping fuel the popular uprisings in the Middle East and has maintained a stridently pro-free speech stance to the extent that it has attracted international criticism for failing to police sexist and racist abuse.
Despite the ban, Chinese companies including Huawei Technologies Co Ltd [HWT.UL] and the state-owned Xinhua news agency use Twitter`s microblogging service to reach a global audience.
Last year, the company downplayed suggestions it would seek to enter China, citing political hurdles.
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