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| Revision as of 11:30, November 2, 2011 (edit) Tsx123 - Sr. Director (Talk | contribs) m (Add category tags, minor changes) ← Previous diff |
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| - | {{ipo}} | + | Jul31br What I find inntreseitg about this on-going discussion about the modeling industry and weight is that the topic always seems to address extremes. It sounds like Renn's 5'9 and 165-pound body is within a normal BMI (but at the threshold of being overweight ), but with promoting curvier models are related health risks being promoted as well (such as heart disease, type II diabetes, etc.)?Yet, on the other hand, promoting the opposite of course encourages other health risks (notably: death by anorexia). It should be inntreseitg to see if the industry ever reaches a happy-medium. I may be cynical, but I definitely don't see it happening any time soon. At least the media are allowing dialogue to get people thinking. |
| - | '''Renren Inc''' ([[NYSE]]:RENN) (人人, "Everyone") is the largest real name [[Social_Media|social network]] in China in terms of page views and total user time spent on the site. The company operates a platform on which users can play games, listen to music, shop and purchase, along with interact with other users. Renren makes money through online advertising and value-added services. These value-added services consist of fees to merchants who offer their products or services on Renren or its affiliated platforms. <ref>[http://www.sec.gov/Archives/edgar/data/1509223/000119312511124874/df1a.htm RENN F-1/A 2011 PROSPECTUS SUMMARY "Overview" pg 1]</ref> | + | |
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| - | Renren's continued growth is based heavily on the growth of the middle class in China and the resulting increase in [[China's Internet Growth|internet usage in China]]. In particular, Renren has had a focus on college aged Chinese students who have heavily adopted the internet and use the site to maintain social connections. Renren hopes that the continued economic growth and internet penetration will cause their usage to rise.<ref>[http://www.sec.gov/Archives/edgar/data/1509223/000119312511124874/df1a.htm RENN F-1/A 2011 PROSPECTUS SUMMARY "Our Industry" pg 1]</ref> | + | |
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| - | The company's [[Initial Public Offering (IPO)|initial public offering]] of stock on the [[NYSE]] occurred on May 3, 2011. The company offered 53.1M shares each for $14. This was at the high end of the $12-$14 initial price range. The company had originally planned to sell between the range of $9-$11. This offering raised a total of $114M. The lead managers of the IPO were [[Morgan Stanley (MS)]], [[Deutsche Bank AG (DB)]], and [[Credit Suisse Group (CS)]].<ref>[http://www.renaissancecapital.com/ipohome/news/Renren-prices-IPO-at-$14-high-end-of-revised-range-9515.html Renaissance Capital - IPO Home "Renren prices IPO at $14, high end of revised range" 4 May 2011]</ref> | + | |
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| - | For the full year 2010, Renren announced a total revenue of $76.M. This was an increase from the $46.7M in 2009. The company also announced a net loss of $64M. This was an improvement from the net loss of 2009 of $70M. <ref>[http://www.sec.gov/Archives/edgar/data/1509223/000119312511124874/df1a.htm RENN F-1/A 2011 PROSPECTUS SUMMARY "SUMMARY CONSOLIDATED FINANCIAL DATA" pg 11]</ref> | + | |
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| - | ==References== | + | |
| - | <references/> | + | |
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| - | [[category:Technology]] | + | |
| - | [[category:Internet]] | + | |
| - | [[category:Media & Entertainment]] | + | |
| - | [[category:China]] | + | |
| - | [[category:Investing in China]] | + | |
Revision as of 04:50, February 19, 2012
Jul31br What I find inntreseitg about this on-going discussion about the modeling industry and weight is that the topic always seems to address extremes. It sounds like Renn's 5'9 and 165-pound body is within a normal BMI (but at the threshold of being overweight ), but with promoting curvier models are related health risks being promoted as well (such as heart disease, type II diabetes, etc.)?Yet, on the other hand, promoting the opposite of course encourages other health risks (notably: death by anorexia). It should be inntreseitg to see if the industry ever reaches a happy-medium. I may be cynical, but I definitely don't see it happening any time soon. At least the media are allowing dialogue to get people thinking.
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