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
Renren
BREAKING: Viki to power “global TV” for social network Renren’s 160 million users
Renren Inc., a leading real name social network in China and Viki, the global TV site powered by avid fans, have announced the launch of “VikiZone”, a dedicated section hosted on 56.com, Renren’s online video sharing website. VikiZone will be powered by Viki, with hundreds of hours of Cartoon Network programmes and popular TNT dramas, among other global content. Come August, the shows will be available to Renren users on VikiZone. VikiZone will be promoted on both … [Read more...] about BREAKING: Viki to power “global TV” for social network Renren’s 160 million users
