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"VKontakte" does not exclude the prospect of creating an Internet-trade service with China
The management of the social network Vkontakte will open a marketing office in Beijing, RIA Novosti reports with reference to China Daily.
Borrowing Facebook's strategy, the Russian social network, instead of attracting individual users, will provide its site to Chinese advertisers.
Marks Zhang, who is responsible for business development abroad at VKontakte, said that the company's net profit is $ 1,8 billion a year and "closer relations between China and Russia open up new opportunities for Chinese investment in Russia."
Zhang did not rule out that VKontakte could create its own cross-border e-commerce service with China, helping Chinese retailers learn Russian.
"For Chinese companies, VKontakte will become one of the most promising potential advertising platforms," said Peter Zou, executive director of Chinese provider YeahMobi.