Renren.com (NYSE: RENN): Its Acquisition on 56.com Favors Synergic Development of SNS and UGC

Date:2011-10-12zhangxu  Text Size:
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On September 27th, 2011, renren.com (NYSE:RENN) announced to purchase video sharing website 56.com at a price of USD80million. China Renaissance acted as go-between in this deal.  56.com ...
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