Google seen setting up China joint venture with Ganji.com by yrend – report
BEIJING (XFN-ASIA) – Google Inc is expected to set up a new China joint venture with Ganji.com by the end of the year, in order to qualify under Chinese rules governing Internet Content Provider (ICP) licensing, Sina.com reported, citing an unidentified source.
The two companies have already started recruiting staff for the joint venture, the report said.
The rules bar foreign companies from providing Internet services in China without an ICP license.
Google has a partnership with Ganji.com, using the latter’s ICP license to operate the Google.cn service in China.