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Rumor: Renren to IPO in April

iFeng Tech, 4/12/11

According to an industry source, Chinese social networking site Renren is edging closer to an IPO, with plans to start its road show this Friday and list on a U.S. exchange this month.

Liu Erhai, managing director of Chinese VC Legend Capital, which is one of Renren's investors, confirmed that Renren was preparing for an IPO.

Editor's Note: For more background on this topic, please see "Rumor: Renren to Raise USD 500 Mln in IPO" MD 2/21/11 issue.

Keywords: HR Internet IPO VC Legend Capital Renren Liu Erhai SNS

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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