May 3rd, 2011

Renren: Big but not the Facebook of China

The Financial Times yesterday reported on the upcoming IPO of Chinese social network Renren.com:
 The strong interest [in Renren's IPO] stems from the fact that there is no major social media or social networking company open to public investment. With a Facebook IPO at least a year off, many investors are keen for a slice of “the Facebook of China”.

The offering is set to price on Tuesday… → Read More