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Facebook’s Potential IPO Filing Pushes RenRen Shares Up 50%
[Translate] The Wall Street Journal reported that RenRen’s (NYSE:RENN) shares spiked more than 50% on the NYSE over the past two days, piggy backing off the monstrous valuation set for Facebook’s prospective IPO. It last closed at US$5.55, bringing its market cap to US$2.18 billion. RenRen is of course China’s Facebook. I’ve heard stories where,...
Privy.net Launches iPhone App, To Let You Know What’s Hot in Town
[Translate] Privy.net is an exclusive membership only community that is built on the philosophy of ‘it’s who you know’. The first thing I noticed about the site, is that it is made up of successful, rich, good looking, Asian American’s such as Lisa Ling of , Kelly Hu and Steve Chen of Youtube, an interesting...
Tencent Launches Q+ (Not Like G+)
[Translate] Tencent today, officially launched Tencent Q+. No, it is not a copy of Google+, but instead a client based open platform for developers to connect to the largest instant messaging network with over 647 million users. Think about it like this; when you log into QQ and click on Q+ you can also access...
Facebook – China is Number 1 Priority
[Translate] Although Facebook is blocked in China, there is still deep interest in how Facebook managed to become what it is today. The closest the general public has come to learning about the Facebook story, was through the Social Network movie. The movie portrayed Zuckerberg as an obnoxious genius, who would not let anything, including...
CEO of Wealink Resigned, Professional Social Network in China Still Uncertain?
[Translate] We wrote a lot about Chinese professional social networks recently. It seems that the local market is really boosted by the IPO of Linkedin. Especially for those new comers such as Dajie, UShi, Hengzhi which are either raising more money or claiming millions of users. Every player feels very positive about the market, except...
Professional SNS Hengzhi Reached 1 Million Users
[Translate] Aggregating offline communities seems the way to go in developing Linkedin like professional SNS in China. Beijing based professional SNS Hengzhi said its registered users has reached 1 million. Two months ago, there were only 600,000. Part of the reasons was it started partnering with some offline organizations with huge memberships. “One of the partner...
SNS Boom In China | Social Networks Event
[Translate] From Facebook in the U.S. to Renren in China the social web has become a part of many people’s lives. Social networking can no longer be ignored as a force of nature and will continue to develop for years to come, but the development of an online presence comes with its own challenges. When...
Zaizher, Building The Professional SNS from Events
[Translate] As we covered in our previous posts, Chinese LinkedIn clones do not work very well. The original Linkedlin relies most of its revenue on recruitment service. And, for most people, they open their LinkedIn account just to put their resume in. But that does not work in China, as there are not enough business...
Mamashai – SNS for Mothers and Fathers
[Translate] Found in 2009, Mamashi is a social network for mothers and fathers to talk about their experience in raising children. Many mothers started from the day they got pregnant. “There is a nature need for parents to recording the everyday changes of their babies,” said Tracy Ji, founder and president of the Beijing startup. Most...








