Who owns Renren?
The company’s largest shareholder is Softbank Group Capital Limited, with ownership of 37%. Joseph Chen is the second largest shareholder owning 25% of common stock, and Oasis Management Company Ltd. holds about 12% of the company stock.
What is the alternative to Facebook in China?
WeChat
WeChat is called the “Facebook of China” due to the similar functions it has with Facebook.
Which social media is used in China?
Top 8 must-know social media platforms in China (2022 Updated)
- WeChat. WeChat is the must-have social commerce platform in China, with over 1.2 billion monthly active users.
- Weibo.
- Little Red Book.
- Douyin.
- Kuaishou.
- Zhihu.
- Bilibili.
- Douban.
How many users does renren have?
In 2017, the Chinese social media platform Renren.com had around 257 million active users. The platform has found its monthly active users sinking since 2014….Number of Renren.com users in China from 2009 to 2017 (in millions)
| Characteristic | Number of users in millions |
|---|---|
| – | – |
What is the Renren Network?
The Renren Network ( Chinese: 人人网; pinyin: Rénrénwǎng; literally: ‘Everyone’s Network’), formerly known as the Xiaonei Network ( Chinese: 校内网; literally: ‘on-campus network’) is a Chinese social networking service similar to Facebook. It is popular among college students.
Where is Renren located in Guangzhou?
Renren has its Guangzhou office in the China Shine Plaza (S: 耀中广场, T: 耀中廣場, P: Yàozhōng Guǎngchǎng) in Tianhe District, Guangzhou. In February 2011, Renren made a pre-IPO announcement that it had 160 million registered users. Later, in April 2011, it had to update its statement accurately to “a total of 31 million active monthly users.”
What is the meaning of the Chinese word renren?
And also, the logo has changed from the Chinese word “xiaonei” to the Chinese word “renren” (“ren”, meaning “people” or “person”, and “everyone” when used twice in a row).
Is Renren the largest social network in China?
When listing on the New York Stock Exchange in 2011, Renren said it was the largest real name social networking internet platform in China. By the end of 2012, the platform claimed 56 million monthly unique logins and 178 million activated accounts. (By comparison, in 2012, China had 573 million internet users).