Renren nets intend to start ipo to leave out imitating shadow
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In American social giant Facebook drive before last weekend, everyone to the United States the securities and exchange commission (SEC) submit a prospectus, formally initiated IPO (IPO). The company plans to listed on the New York stock exchange, stock code "RENN".
Prospectuses disclosure, everyone company plans 42.9 million shares issued American depositary shares, expected for $9 IPO interval price by $| 11, estimate has a market capitalization of about pooled billion dollars. Founder ChenYiZhou shareholding 22.8 55.9% for a vote, have with absolute control. Everyone total shareholding management for 38.5%.
Everyone assets to social networking sites listed also included everyone network 团购网 subject, standing glutinous rice nets and everyone game. Calculate according to the roadshow time, everyone will be listed for trading in five months.
Everyone expected the whip round about 5 billion dollars. Among them, the 1.8 billion dollars for r&d and technology investment, 1.8 billion dollars in sales and marketing activities, the rest for general purposes, possibly for strategic acquisitions and investment.
In 1999, ChenYiZhou involvement in creating a year later recorded Chinaren alumni, sell to sohu; He again in 2002, buying BBS and business websites such as Japan, Donews sponsored had pioneering mobile value-added services, etc; In 2006 WangXing ChenYiZhou takeover of nets, then founded at launch "also ChengBingHao fortress happy nets" against the happy nets; founded 2009, campus network celebrity human network. Everyone nets and "last year, fortress happy nets" merger ChenYiZhou also self-producing launch glutinous rice nets, jinwei nets etc series layout.
Everyone currently revenue from a network advertising and Internet value-added services. 2010 revenue for 7650 million us dollars, 135.7% compound annual growth rate for three years. 2008 net loss in 2009 from 1933 million us dollars, $299 million net, net 1737 million dollars in 2010.
By March 31, 2011, and everyone company activation 36.1 million subscribers. January to march, new 200 million users each month.
Prospectuses shows, everyone from 2006 to get financing has had about 4.8 billion dollars. The Pan Pacific Corporation under SB softbank share ratio for the first big 34.2%, for institutional shareholders. American wind cast institutions DCM shareholding, is the second 7.4% in institutional shareholders.
"In fact now see, everyone is mainly in the campus net users with Chinaren gimmick, schooling." Sponsored ChenYiZhou insiders said it first batch of do social networking sites, but no Facebook redefine social do, no ChenYiZhou now success.
Everyone nets business models and some social creativity are for reference, even in Facebook prospectus everyone nets are revealed might trigger a Facebook lawsuits risk.
"Warms up in the overseas capital environment is likely to make everyone get higher valuations, but in listed, everyone nets how out of the shadows, imitation Facebook in innovation ability is still being breakthrough." An industry insiders told reporters.
"This year, I think and will come out a China's Internet companies to get listed overseas, so the shower in my opinion, is now a very good chance." listed Baidu CEO in recent public BBS interviewees said.
"To MSN industry's best into periods have in the past, at present, the domestic to MSN market pattern entering a new phase, everyone nets competitors recently upcoming IPO forest.i also happy nets of news, everyone nets choose this time points, more is in the domestic preempted to MSN market to the commanding heights." Analysys international analysts jade extraordinary analysis.
Everyone in the prospectus in mentioned that are currently facing almost all major business competition. Especially from providing social networking, network communication, network game, search function services company, such as tencent, happy nets and sina micro bo, etc.
Despite the operation of China's social differences in media also presented the high-speed development of the overall situation, such as sina data, according to march, sina micro bo registered subscribers exceeded 100 million, including development first 50 million users 14 months, while the development of 50 million users when the only four months.
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Author Resource:-
xia zihui a professianl writer from http://www.ledceilinglamp.com, Outdoor Flood Light Manufacturer, China LED Wall Light , LED Roadway Light,
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By :
Jessie Stone
Submitted
2011-04-21 15:50:10 |
Article From Article Mayhem
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