Why foreign nternet Co have no attraction for Chinese talents

NetEase technology news October 6th, according to the Wall Street Journal reported that the global technology industry is engaged in the battle for talent, but in China, foreign Internet Co are losing their appeal.

once upon a time, for the big American Internet Co to work for some people in China is very attractive. But now, even some prominent American Internet Co, it is difficult to attract Chinese high-end talent.

Airbnb is one of the world’s highest valuation startups. A year ago, the company said it had introduced new investors in China, in part to help its chief executive officer (CEO). But sources said the short rental website is still looking for this candidate.

similarly, Uber began to look for more than two years ago in charge of its business in China, but also has no results. Two months ago, the company took the initiative to give up, agreed to sell its business to competitors China China drops in exchange for travel, travel by 20% of the shares, and travel drops in on the deal worth $36 billion.

is difficult to attract a strong leader, is a foreign Internet Co in China is generally in the plight of a symptom, but also one of the causes. Farsighted executives of these companies to avoid, because they had a premonition that they cannot succeed in China — and in turn, the lack of top talent, let more difficult to successfully explore the Chinese complex market companies.

Li Kaifu, chairman of

Innovation workshop, said: "the chances of success for a multinational Internet Co in China are close to zero. So why would he take a chance to accept a job with a near zero chance of success?." Li Kaifu had led Google China business during 2005 to 2009.

China’s huge number of Internet users and rapid growth, has reached 710 million. YAHOO, eBay and Amazon have tried to develop the market, but it is difficult to adapt to the country’s unique consumer culture, fierce competition and the regulatory environment of trouble.

consulting firm (EgonZehnder) in Chinese Office of former partner Bill · (Bill King); Kim said: "I often encourage some popular candidates, perhaps they could become the first truly successful people and create a legend. They have strong leaders, but many choose to give up."

but there are exceptions. LinkedIn has been working very successfully since its launch in China in 2014. Observers attributed this to the company’s hiring of former Google China executive Shen Boyang as its head of China operations. Shen Boyang said he asked the LinkedIn to grant him greater autonomy, this requirement has been met.

when Uber entered the Chinese market in 2014, had very high expectations