After LinkedIn’s exit from China, will more companies follow suit?
As US multinational Microsoft announced its decision to close its LinkedIn service in China due to the “challenging operating environment,” concerns within the global business community have risen. Analysts said that as Beijing continues to tighten its grip over the private sector including the tech companies, there could be a few more companies that decide to slash down their operations.
Reuters tweeted, “Seven years after its launch in China, Microsoft is pulling the plug on LinkedIn. The company cited challenges of operating in a country with strict government regulations over content sharing.”
“This could be the beginning as many companies are now becoming more and more wary of China as a market due to the uncertainty in its policy regime,” an analyst told India Narrative.