Renren Forms Independent Wireless Business Division
Chinese Internet company Renren Inc. will adjust its organizational structure and business clusters, and establish an independent wireless business division.
Chen Yizhou
Renren.com To Acquire 56.com For USD80 Million
Chinese social networking site Renren.com has announced plans to acquire the entire stake in 56.com, a Chinese video website, for USD80 million in cash.
Oak Pacific To Integrate Two Chinese Social Media Websites
Chinese social networking sites operator Oak Pacific Interactive has announced that it will gradually integrate its two social networking sites, Renren.com and Kaixin.com.
