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Ren Ren, “Facebook” of China, Goes Public
Posted By Tiffany Black On April 26, 2011 @ 10:30 am In Blogging and Social Media | No Comments
There has been talk of this for months but it’s now official. Ren Ren, the Facebook-like social network of China is going public with a valuation $4.3 billion. What’s really interesting is that this IPO might illustrate what would happen if Facebook, Twitter or any other major social media business were also to go public.
Never heard of Ren Ren? Read more at Business Insider. 
Ren Ren is not the only social network in China and Fast Company  took an in depth look at the networks and their effects on Chinese culture.
Article printed from Inc. Technology: http://technology.inc.com
URL to article: http://technology.inc.com/2011/04/26/ren-ren-facebook-of-china-goes-public/
URLs in this post:
 Business Insider.: http://www.businessinsider.com/renren-2011-4?op=1
 Fast Company: http://www.fastcompany.com/magazine/152/the-socialist-networks.html
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