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Why cannot Renren be China's Facebook?
Yizhou Chen, CEO of China's SNS community Renren, shouted "one war, three battles". We do not know now how the battle progresses. Currently Renren's net market value is $1.3 billion where 900 million of them are in cash, it means the market values Renren 400 million US dollars only which is far lower than Facebook. Why cannot Renren be China's Facebook? This is a very interesting topic, many users share their opinions, Some of the main points are summarized as follows:Facebook pay more attention to the socialFacebook was founded purely for social needs, and now active users on Facebook are sti...