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Renren.com's Pre-IPO Problems May Not Move China Investors To Run Run
May 3, 2011In China all media is social, so Chinese Internet social media and social networking website Renren.com's initial public offering planned in a few hours should be smooth sailing. However, the departure of a company director over the weekend and recent inconsistencies in its statistics have caused concern for investors.
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Chinese Social Media Site Renren.com Files For IPO
April 18, 2011Chinese social networking site Renren.com filed plans to sell up to nearly USD675 million worth of shares in an initial public offering in the United States this year.
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Oak Pacific Interactive To Change Name Of Xiaonei.com To Renren.com
August 6, 2009Joseph Chen, chairman of Oak Pacific Interactive, has announced that the group will change the name of its social networking service website Xiaonei.com to Renren.com.
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Oak Pacific Takes 23.7% Of eLong's Floating Shares
February 19, 2009Chinese social networking service developer Oak Pacific has acquired 23.7% of the floating shares of Nasdaq-listed travel website eLong.com for USD18.5 million and the two sides are considering business cooperation, says CEO of Oak Pacific Joseph Chen.
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