RenRen
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- China's Facebook
- 2005: Xiaonei Network (on-campus Network)
- Founded by Joseph Chen (Udel grad, Stanford GSB grad)
- 7/07: APIs
- 2009: Cganged name to Renren (everyone's network)
- 4/11: US IPO
- 4/11: Privacy hack and rumors
- Similar to Facebook re: finctionality, plus:
- music and backgrounds for individual pages
- Points / rewards system for use
- VIP monthly fee
- Renren virtual currency
- Renrenzhoumian mobile app