Renren
Renren is a social networking website with 160 million registered users in China that arose due to the Chinese Firewall that inhibits international social networking websites, such as Facebook, out of China. Literally, Renren translates to "everyone's website" in Chinese. Renren is known for Throughout 2016, Renren's shares have plummeted more than 56% and is part of a 12% year-over-year revenue decline. Nearing the presidential inauguration of January 2017, prices US-China relations It has been criticized to be
“The lead should establish significance, include mention of consequential or significant criticism or controversies, and be written in a way that makes readers want to know more.”
Plant the seeds for ethical considerations
Contents
History
Similar to how Mark Zuckerberg started Facebook in his Harvard dorm, Renren - originally called Xiaonei.com - was created by a group of students at Tsinghua University and Tingjing University in December of 2005.
In 2008, the mobile version of Xiaonei was launched. Shortly after in August of 2009, Xiaonei changed its name to Renren, which in Chinese "people" or "person", inspiring for the website to be used by anyone.
Two years after changing its name, the company raised $584 million in capital in an IPO through the SEC index. Renren had a market capitalisation of $2.86 billion until late 2015. However, the company dropped -0.60% and now has a market capitalization of 571.58 Million.
Chinese Firewall
In China, the need for a social network stems from the majority of Western websites being blocked from the country due to the Chinese Firewall. It's origins