Amidst increasing pressure on Internet companies, LinkedIn shuts down in China!
LinkedIn has announced that it will no longer be able to operate its local version of the platform, and will soon be shuttering LinkedIn China in favor of a new regional job board app.
LinkedIn launched a Chinese version of their platform in 2014 in China.
Why LinkedIn shuts down in China?
As explained by LinkedIn:
“While we’ve found success in helping Chinese members find jobs and economic opportunity, we have not found that same level of success in the more social aspects of sharing and staying informed. We’re also facing a significantly more challenging operating environment and greater compliance requirements in China. Given this, we’ve made the decision to sunset the current localized version of LinkedIn, which is how people in China access LinkedIn’s global social media platform, later this year.”
LinkedIn currently has around 54 million users in China, which, on a comparative scale, is not a massive amount (LinkedIn’s biggest competitor in job listings is WeChat, which has 1.25 billion active users), and given its lack of major growth in the market, LinkedIn may also have assessed that the extra measures required to maintain the local version were simply not worth the ongoing investment.
In replacement of LinkedIn China, LinkedIn will launch a new job board app in the region:
“Later this year, we will launch InJobs, a new, standalone jobs application for China. InJobs will not include a social feed or the ability to share posts or articles. We will also continue to work with Chinese businesses to help them create economic opportunity.”
This change will have minimal impact on the current users.
LinkedIn shuts down in China LinkedIn shuts down in China LinkedIn shuts down in China
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