Saturday, April 30, 2011

Renren's valuation for IPO questioned

Chinese social networking site accused of misleading market after it disclosed that it has 31m users of the service once a month rather than the 131m mentioned in its prospectus

Source: http://www.ft.com/cms/s/0/0e0267de-728c-11e0-96bf-00144feabdc0.html?ftcamp=rss

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