renn --the leading chinese social network ipos next week it will easily trade with a 6B cap renn has 116m registered users
mobi also has a social network called maopao it trades about 630m cap mobi's social network had 58m registered users as of their last report it grew at just under 400% last year---and could easily have 70-80m registered users when they next report
the opensky initiative announced today is only going accelerate that growth--they could arguably become the leading mobile social network in china in addition mobi has the only public chinese mobile ad network i'm aware of
so the question if you assume 75m users for mobi maopao now.....is renn worth 10x (6b vs 630m) mobi with so little a difference between user numbers?
the market is answering that question
o one last thing----the vast majority of traders still have no idea mobi owns a large social network thats going to change
Agree with the above poster. I have been wanting to buy in Mobi and have waited for a pullback that has not come since it was 8.00! Which of the two would you think would be a better investment at this time: RENN or MOBI. Thanks for any input.