network, kaixinwang is for all in the United States market, but the Chinese version of the reference to Facebook has been suspicious cluster
Chinese social networking site of the milestones in this May stand.
5 4th NYSE for all company's initial public offering (IPO) ringing the Bell. Another Chinese social networking sites (SNS) kaixinwang, also has submitted application, is in the quiet period.
the past few years, social networking pioneer witnessed hundreds of millions of Chinese Internet users as of “ steal food ” crazy, also looked after their Chase micro-blogging while away. From kaixinwang to all networks, from BBS to Twitter, from when to when he, China's largest social networking sites have many means to gather popularity, but not yet really come to the fore, becoming really can Internet users feel at ease together in Habitat, social relations and interpersonal interaction projection platform.
United States Web site Facebook as a social network of synthesizer, already have nearly 700 million registered users, not yet listed, valuations have reached US $ 85 billion. Stimulated by this, everybody wants their own Internet entrepreneurs in China can become a Facebook, imitation is like an elephant. Some of Facebook's real social network; it was learning to Facebook open platform for third-party, some Facebook service users all need, such as e-commerce services such as group buy; some people hounded copying every shade of blue lines on the Facebook page.
Oscar although no Facebook Prize for the best film award for the creation of prototypes of the social network, but real-life social network from the actual implantation of the virtual world, drive the dissemination of information, advertising and marketing a range of industries, such as transfer, this is a great migration of the 21st century human society, lead to lifestyle, business models and social organization form of profound change.
listed Sprint almost in all networks and kaixinwang the same period, the United States Facebook company registered. three years after the CN domain name to motivate breaking China's blockade. Without the final confirmed news that Facebook has signed agreements with partners, intend to establish a joint venture company, built a new station, curve into China. In all the company's prospectus risk tips column, Facebook seeks to move into China in the column.
now the imitators are beginning to realize winning method, one is “ truth ”, fully reflect reality in manufacturing virtual network social relationships of China mirror; the second is a provider of open platform, rather than “ what fire does ” speculation. But these two are not easy. IPO just confirmation of frontrunner status, the face of 1.3 billion people, 500 million Internet users Internet “ enclosure ”, still winning or losing is not.
packaged IPO
all this positioning of the company, was “ Facebook+Zynga+Groupon+LinkedIn”, that is, social networking, games, group purchase of complex, business social networking. Facebook, Zynga, Groupon, LinkedIn all into United States industry leader. This is a surprise run a little surprise to the outside world.
but this is to everyone in the industry of the company's Chairman and Chief Executive Officer Chen Yizhou impression: he is a very good “ businessman ”, “ Rob concept ”, it is not a “ Internet people ”. Renaming of the company by oak Pacific interactive group in December 2010 for all, and that the package listed in addition to all networks, glutinous rice also includes group buy Web site network, and research and development and operations web game of all games, as well as business social networking site latitude and longitude that are still in the test network.
4 15th, all companies (RENN. NYSE) officially to the United States Securities and Exchange Commission (SEC) submit listing materials, issue price between 9 to us $ 11, $ 507.9 million project financing and brokerages after exercise oversubscribed, raised funds of us $ 582.7 million, corresponding of the company's overall valuation of us $ 4 billion, will exceed Sohu, top Chinese Internet companies total market capitalisation of the eighth.
This everyone the company to raise funds, will be 180 million dollars for research and development and technology investment, US $ 180 million to sales and marketing activities, including extension of glutinous rice and theodolite networks, the rest is used for general purposes, such as strategic acquisitions and investments.
prospectus shows, 2008-2010, everyone has the company's operating income is US $ 13.8 million, respectively, $ 46.7 million and US $ 76.5 million, three-year adjusted net profits-US $ 19.339 million, respectively, $ 2.992 million and $.
all company revenue mainly from advertising and online gaming and other Internet value-added service consists of three parts. In 2010, online advertising revenues of us $ 32 million, in the ratio of 42% per cent of total income, Web games 34$ 0, total 45%; including open platform, VIP membership fee, custom Web sites and other value-added services, glutinous rice network share 13%.
if successful IPO, after listing of everyone's total market capitalisation of up to 4 billion dollars, the equivalent of EV/S to the company to 50 times for all times (valuation/sales). In mid-March, Facebook shares in the over-the-counter market above $ 34 per share. According to the prices, book valuation of Facebook has more than US $ 85 billion. According to sources close to Facebook, its 2010 revenue of about US $ 2 billion, valued at about EV/S of 42 times.
all the smorgasbord concept labels and Super overestimated the value of the company, some openly questioned. Also shows that United States how many beginning investors of some tired “ ×××&rdquo a Chinese version; mode.
United States Colombia University strategy management Dr, and intellectual treatment Fund founder and management directors Eric · Jackson wrote pointed out that, everyone network is and a dislocation metaphor of examples, “ I believe many just because its ‘ China version of Facebook’ company of label and investment the company stock of people, in future several months will will disappointed ”,“ both has similar of Department, but nature does not as. &Amp;rdquo;
is worthy of note, everyone in the company's IPO attracted several investors of Chinese background, including the Shanghai Guang Group (SMG) Chinese cultural industry under the Fund, CITIC Securities, such as Alibaba, has bet more than $ 100 million. Tao ran, Alibaba PR Director tells finance new journalist of the new century, in addition to the return on investment, this indicates that the company believes that the social Web is one of the e-commerce future growth drivers.
