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Can Renren, ‘China’s Facebook’ from the dotcom era, win back its millennial audience with nostalgia?
Once widely used by students, Renren fell out of favour in the smartphone era as mobile-focused apps such as WeChat and Weibo became more popular. It has launched its first mobile social networking app, hoping to win this demographic back.
BEIJING: Renren Inc has canceled a potential initial coin offering after Chinese regulators discouraged the Beijing-based social network from pursuing the plan, people familiar with the matter said.
Office workers in China are allowed to sleep at work. Some companies even provide the beds.
Dai Xiang has slept his way to the top. The 40-year-old Beijinger got his start as an engineer, pulling 72-hour shifts at a machinery company while catching naps on the floor.
BEIJING: Dai Xiang has slept his way to the top.
A startup plans to sell a mobile phone from next month that will offer users unprecedented levels of technology and security – and retail for close to US$20,000 (RM78,211).
HONG KONG: Chinese firms listed in New York are finding out the hard way that it's easier to love global investors than leave them.
Buying stock in online giant Alibaba or other Chinese Internet companies that bypass Beijing's restrictions on foreign ownership could be a big risk for investors, a US government panel warns.
Shares of Weibo Corp rose 19% in their US debut on Thursday, sweeping aside concerns that Chinese censorship will hurt the growth of the country's Internet sector and broader worries about lofty tech-stock valuations.
SAN FRANCISCO: Shares of Weibo Corp rose 19 percent in their U.S. debut on Thursday, sweeping aside concerns that Chinese censorship will hurt the growth of the country's Internet sector and broader worries about lofty tech-stock valuations.