LinkedIn’s China retreat stems from regulatory and competitive pressures as local recruitment platforms prosper

//LinkedIn’s China retreat stems from regulatory and competitive pressures as local recruitment platforms prosper

LinkedIn’s China retreat stems from regulatory and competitive pressures as local recruitment platforms prosper

The retreat from China of LinkedIn, the professional social network owned by Microsoft, is the result of Beijing’s tighter regulation of the domestic internet sector as well as tougher market competition, according to industry insiders and analysts.LinkedIn cited “a significantly more challenging operating environment and greater compliance requirements in China” for its decision to withdraw from the mainland market in a blog post on Thursday.The decision comes just two weeks before China’s…

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By | 2021-10-15T12:00:11+00:00 October 15th, 2021|Technology|Comments Off on LinkedIn’s China retreat stems from regulatory and competitive pressures as local recruitment platforms prosper