Chen Yizhou Brought The Doctrine Into A Positive &Nbsp; "Renren" Listed On The NYSE 7 Most.

In April 15th, everyone went to the United States.

Public information shows that everyone is chairman and chief executive officer.

As the last "Internet veteran" not listed, the listing of everyone has finally made Chen Yizhou, a veteran veteran of the industry, become the fruit of the capital market, and Zhang Zhaoyang and Ma Yun of the same generation gathered in the capital market.

Moreover, the so-called "good meal is not afraid of late", everyone has created a number of China Internet Corporation overseas listing.

The first public social networking site in the world

To be precise, the IPO is not listed on Renren, but is listed by Renren.Inc. Besides the famous Renren network, there are also famous group buying websites, such as glutinous rice net, Jingwei net and everyone's game.

Recently, Jingwei network has just been on the line, mainly taking the high-end business route of BSNS. Everyone game is the first large domestic web game independent research and development operator, and has strong web game research and development capabilities.

The originator of social networking sites is Facebook in the United States, but his "student" in China, Renren has landed on the capital market and become the first publicly traded social networking site in the world.

According to the China Internet Network Information Center survey, as of December 2010, the number of social networking sites in China was 235 million, an increase of 59 million 180 thousand from the end of last year, and the number of users as the largest user of SNS, accounting for about 50% of the total social networking sites in China.

However, Renqing is not the first thing to get out of the blue rather than the blue.

At the end of last year, Youku, a world-famous video website Youtube, was also listed on the NYSE in the United States, and rushed to the front of the teacher to become the world's first video sharing website.

Zuckerberg, founder of Facebook, secretly visited a number of Chinese Internet companies last year to make preparations for China's entry into China.

Not long ago, it was once more that Facebook had signed news with Baidu on the launch of a new social networking site in China. On the day of the announcement of good news, Baidu's share price went up 2.68%.

After Renren broke the news of listing, one of Renmin's investors, Softbank's shares, hit a 4 year high.

The world's first listed group buying website

In addition to Renren, there is also a famous group buying website called "glutinous rice net".

Similarly, "glutinous rice net" is also the "student" of Groupon, a famous American group buying website.

Moreover, because of the low entrance threshold of this "student", up to now, there are thousands of Groupon students in China.

However, regardless of the current competitive situation of group buying websites, at least on the first concept of listing, the sticky rice network took the lead, not only exceeding the existing thousands of group buying websites in the country, but also surpassing its American teachers.

Become the world's first group buying website.

Renren Net + glutinous rice net has become a Chinese version of Facebook + Groupon, which has been favored by many investors. It has created the most popular concept in the capital market.

Insiders said that the listing of all companies will drive the development of the entire SNS and group buying industry.

Venture capital investment is the most

Prospectus shows that since 2006, Renren has been favored by many world-class investors such as DCM, General Atlantic, Accel Partners, Lenovo investment, Softbank, etc., raising a total of about $480 million.

Although the amount of financing is huge, chairman Chen Yizhou still enjoys 55.9% of the voting power and has absolute control over the company.

The prospectus shows that Mr. Chen Yizhou, the founder, chairman and CEO of the company, holds about 55.9% of the vote and has absolute control.

The other major shareholders are DCM (Dangdang, 51Jobs, BitsAuto and other investors) and General Atlantic (investors such as SouFun).

After the completion of IPO, Chen Yizhou will hold about 270 million shares of common stock with a shareholding ratio of 22.8%, the largest individual shareholder.

Softbank's SB Pan Pacific Corporation will hold 405 million shares of common stock with a shareholding ratio of 34.2%, becoming the largest shareholder of the company.

The US venture capital DCM will hold about 88 million shares of common stock with a shareholding ratio of 7.4%, the second largest shareholder.

According to the issue price, Softbank holds a market capitalization of US $1 billion 350 million 900 thousand, making a net profit of 870 million 900 thousand US dollars compared with its initial investment of US $480 million.

Cornerstone investor background is the most popular.

The prospectus shows that funds and strategic investors of a number of state owned funds have invested more than 100 million US dollars in cornerstone IPO, including CITIC Group's CITIC fund, the CMC Chinese culture fund of Shanghai's Investors Group (SMG) and the Alibaba group. These state-owned asset backed funds and industry bigwigs are the first to invest in the Internet in the US.

The underwriting team is the most luxurious.

It is reported that the listed underwriting team unprecedented luxury, including Morgan Stanley, Deutsche Bank, Credit Suisse, Merrill Lynch and other 7 investment banks will be the underwriters of the IPO, forming the most powerful underwriter lineup of Chinese companies listed in the US in recent years.

IPO has the highest financing amount.

Public figures show that the $600 million planned by everyone is the largest financing for Chinese technology companies to list in the US since 2010.

The amount of listing and financing of domestic Internet companies such as Youku, Dangdang, Qihoo 360 and other Internet companies listed in the US are about $200 million.

According to the price range in the prospectus, the market value of everyone after the listing has exceeded 4 billion US dollars, and is expected to become the most highly valued listed company in the near future in Internet Co.

The prospectus indicates that the amount of financing will be mainly used for technology development, marketing and strategic investment of the company, so as to enhance the overall brand image of the company.

The source of profit is the most abundant.

As the first SNS website to be listed in the US, the profitability of Renren has become the focus of the industry.

Data show that Renren has been making continuous profit from its core business in the second quarter of 2010, and has diversified ways of making profits.

Its main revenue in 2010 came from online advertising revenue, gaming revenue and Internet value-added services.

The annual turnover growth rate from 2008 to 2010 was 238% and 64% respectively.

Net profit after adjustment in 2010 (net profit calculated by us accounting standards plus equity incentive fees and fair value change of warrants) amounted to $17 million.

Although China's social networking sites attract a large number of users, profitability has always been controversial. Many people believe that social networking sites are "losing money".

The prospectus shows everyone's corporate profits, not only to answer the social networking site Nuggets difficult questions, but also for everyone's future development has brought great imagination.

As of December 31, 2010, the cash and cash equivalents and securities of Renmin company totaled more than 136 million US dollars, an increase of about US $46 million compared with the same period last year, of which the net cash flow of operating cash was US $17 million 280 thousand, a net increase of US $17 million 230 thousand.

According to financial data, in 2010, everyone's main income came from online advertising, online games and Internet value-added services.

Breaking the previous reliance on advertising revenue, is exploring a diversified profit model.