Social networking site Renren, China’s Facebook clone so to speak, is going public next week and according to Reuters, investors will likely ignore big risks the company faces. It’s not very surprising after seeing the success of major Chinese tech companies like search engine Baidu and online video site Youku.com jump triple-digit[...]
China’s social networking landscape is diverse and thriving. No single player is nearly as dominant as Facebook in the U.S. and there’s a long tail of networks for different users (urban and rural) and different purposes (social, dating, and games). Here is China’s SNS universe for the top 7 sites. And[...]
Renren is China’s largest real-name social network, created by Wang Xing back in late (December) 2005. It was initially a clone of Facebook called Xiaonei (校内), with college students as the main users just as Facebook was before opening to all. Wang Xing and his team sold Xiaonei to Oak Pacific[...]
