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Renren Inc. Message Board

  • soylaberga soylaberga Nov 19, 2012 4:38 PM Flag

    Who will buy Renn

    Renn is a combination of Groupon, Zynga, Facebook, Pintrest and Youtube; surely at least one will make them money. They have the number one ios app in China, would Apple look into them (would be pocket change for the $100B they have in cash), how about Zynga or Facebook seeking a China expansion, maybe even Google as a backdoor reentry into the largest internet user base in the world (an to get them to develop an android app...).
    Don't know the answer, but I would speculate that for $1.3B with $900M in cash it would be hard for an aquirer not to make money in my opinion.

    Sentiment: Strong Buy

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