Buz Investors Snapchat vs. Facebook Shares of Facebook Inc (NASDAQ:FB) have more than tripled since the company held its initial public offering (IPO) in 2012. An explosion in profits, not to mention a corresponding rise in Facebook user growth, kept the stock on an upward track.

Facebook linked to photo-sharing app released in China

Facebook linked to photo-sharing app released in China

Buz Investors Snapchat vs. Facebook Shares of Facebook Inc <span data-recalc-dims=(NASDAQ:FB) have more than tripled since the company held its initial public offering (IPO) in 2012. An explosion in profits, not to mention a corresponding rise in Facebook user growth, kept the stock on an upward track." width="300" height="200" srcset="https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/02/Social-Media-300x200-Small.jpg?resize=300%2C200 300w, https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/02/Social-Media-300x200-Small.jpg?w=720 720w" sizes="(max-width: 300px) 100vw, 300px" />

Facebook (FB+0.4%) is reportedly in China (where its apps are blocked) with a photo-sharing app, via roundabout means.

The company approved the debut this spring of an app called Colorful Balloons, released through local company Youge Internet Technology in what would be an unprecedented coup.

The app shares look, function and feel with Facebook’s Moments app, and the executive director of that company was photographed in a meeting between Facebook and China’s government. But Colorful Balloons doesn’t show any hint that it’s affiliated with Facebook.




 

Facebook

The app will give Facebook a rare chance to see how users in China operate and share on social media platforms, knowledge that’s hard to come by for Silicon Valley giants amid ongoing Internet censorship.

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