Aytac Unal | Agence Anadolu | Getty Images
LinkedIn was launched in China in 2014 with limited functionality designed to comply with the country’s stricter internet laws. Microsoft has announced that it will shut down LinkedIn due to a “significantly more difficult operating environment and more stringent compliance requirements in China.” Instead, Microsoft will launch a job search site in China that won’t have the social features of LinkedIn.
The news comes after a Chinese internet regulator asked LinkedIn in March to better moderate its content and gave them a 30-day deadline according to people familiar with the matter, the Wall Street Journal reported.
Last month, the platform also blocked several American journalists in China, citing “prohibited content” in their profiles. Profiles of academics and researchers have also been blocked on the platform in China in recent months.
The new platform, called InJobs, will not include social feeds and will not allow users to share posts or articles.
Data from Statista suggests that China is the company’s third-largest market. In July, Microsoft CEO Satya Nadella said LinkedIn contributes around $ 10 billion in annual revenue.
Microsoft acquired LinkedIn in 2016 for $ 26.2 billion.
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