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Total: (31) Page (2 of 4)
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 renren.com -----COOLLLLL!!!!!!!!!!
Written by renren from Hong Kong on 1/10/2001
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| renren.com is the best community web site in the Greater China Region. You can have your own CYBER WORLD there. Check it out NOW!!!!!!! |
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Short Term Gain, Long Term Pain!
Written by Zuri Medineta from Hong Kong on 12/7/2000
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| I wouldn't say renren.com is a successful business model now, the site lacks of Chinese taste and it gives visitor the feeling of gui lor net company. Even it's backed by powerful News Corps, and listed back door at HKSE several months ago, but it's free fall stock price proved that this is just another speculation, listing and run for money. We haven’t heard any news about renren.com about 3 months after they laid off more than 1/3 of the staff, may be it's time to pack. |
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runrun.com
Written by Burnard Tan from Hong Kong on 10/25/2000
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| renren.com is so quite after its messive axe. It's stock keeps going down and the site's quality is not acceptable anymore. I wonder how come people who had money and fundings from VC, but don't know how to spend it correctly can be the founders of dot-coms these days! |
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So slow...
Written by Lisa from Hong Kong on 10/3/2000
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| This must be the slowest site I have ever visited. I made the mistake of signing up for an email account for my stay in Asia this summer and now I am always waiting forever to check it while the people behind me at Starbucks are getting increasingly annoyed. Why do Asian sites suck so bad? May be there winning combination of Oracle + Java sucks as well. |
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Worthless 300,000 members
Written by Pine C. from Hong Kong on 8/16/2000
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| A burn rate of US$1M per month after the lay-off and cut in advertising costs... mmmm... pretty impressive... I guess the top management are just trying to grab as much as possible out of their remaining funds (knowing that the company has little future -- everyone knows that except those stupid VCs and some ultra-loyal staff)... they certainly don't want to have too many people sharing their pie. |
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Worthless 300,000 members
Written by Dracula from Hong Kong on 8/16/2000
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| When this company emerged a while ago it was easy to predict they would run into a wall anytime. Basically they were very aggressive and very optimistic. It turned out that a conservative strategy and conserving money were far better choices to make than that silly approach of branding all over the place. As for their client services based on their members, what can you do with a user base of 300,000 people? It's worthless. I can't believe this company was allowed to go public. |
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A struggling dotcom
Written by M.T. from Hong Kong on 8/15/2000
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| I think all the themes the overall market has been championing of late, the death of B2C and etailing, trends that dominated the online marketplace for the first two years. The fall of renren.com only further reiterates the gradual shift of new economy companies away from those former business models. It was just an example of a struggling dotcom attempting to switch the direction of the company from a pure content play to growth through aquisitions (CMGI) - but it was too little too late. |
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Absolutely 0 advertising revenue!
Written by JC from Hong Kong on 8/15/2000
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| How much money is renren making from online advertising? I thought the all the major dotcoms were trying to find new ways to generate revenue because online advertising isn't working. Most VCs are ignoring B2C companies as a whole, even ones with e-commerce strategies. How is renren different from the rest?
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Back-door listing.
Written by Kimmi from Singapore on 8/15/2000
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| renren.com did a 'back-door' listing in Hong Kong using Ankor Group (stock code: 0059) hoping to get suckers to fund their 'money-burning' venture and pay for their advertising. The stock fell from its all time high of HK$1.50 in March to today's closing at HK$0.141!!!
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A community only worths money if...
Written by April from Hong Kong on 8/15/2000
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| A community only worths money if it can utilize the community to build some revenue generating services. And I can't see any in RenRen. Also, not any community is good, if people in the community are potential customers of some web-based services like some ASP modules and CRM, then it starts to make sense.
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