Beijing – Renren Inc., one of the leading real-name social networking internet platforms in China, has announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2012. In the fourth quarter of 2012, total net revenues were US$48.8 million, a 48.8% increase from the corresponding period in 2011; online game revenues were US$25.9 million, a 116.5% increase from the corresponding period in 2011; gross profit was US$31.0 million, a 34.2% increase from … [Read more...] about China’s Renren announces financial results