MySpace China launched

MySpace has launched the Chinese edition of their social networking portal. This comes just months after the company confirmed their plans to launch a Chinese version of MySpace.

MySpace China states that they are a “locally owned, operated and managed company” and MySpace’s parent company News Corp. was only one among several investors.

MySpace China CEO Luo Chuan, a former Microsoft executive added in a statement: “Our team here will have the sole right to decide the operation model, the technology platform as well as the product strategy. It’s very unlike the other multinationals you might have heard about or seen in the Chinese market.”

William Bao Bean, a partner with Softbank China India Holdings added: “I think they’re trying to distance themselves from the long line of previous blunders. There’s no example of foreign Internet companies coming into China and being successful that I can think of.”

Luo further added: “Based on the MySpace global brand and technology platform, we will develop products and features that are tailored to today’s Chinese citizens.”