"RenRen" That's right. RenRen (http://www.renren.com) is the Facebook of China. You probably heard many times how Facebook made Mark Zuckerberg very wealthy. You can go watch a movie (The Social Network) about it. Facebook is schedule to go IPO under the stock ticker symbol, FB. It will be exciting for those who had a chance to get their hands on the Facebook stocks. Due to Facebook, RenRen (http://finance.yahoo.com/q/pr?s=RENN+Profile) will also gain a lot of attention.
Many agrees that Facebook, Twitter, RenRen or any other social networking sites are fun to use, but we cannot be sure if these are just a hype or another dot com burst or next generation marketing model. I hope that my decision to invest in RenRen stocks was a good one.
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