Kaixin001 Achieves Profit in Q2 2010, Plans IPO
Beijing Times, 10/13/10
While speaking at a recent campus recruiting event at Peking University, Kaixin001.com founder and CEO Cheng Binghao revealed that the social networking site became profitable in Q2 of this year, with monthly profits surpassing RMB 10 mln. He further stated that Kaxin001.com would go public in the near future, and employees would be awarded stock options.
Keywords: SNS Cheng Binghao Internet IPO Kaixin001 profit stock option
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