Analysts Unlike 'Facebook of China' Renren

The video discusses a once-prominent Chinese social media company, likened to Facebook, which has seen a significant decline in value since its public offering in 2011. Initially valued highly, it has lost over 75% of its value, with analysts predicting further decline. The company failed to adapt to market changes and competition from platforms like WeChat and Weibo, leading to a reduced user base and poor financial performance.

What was the initial public offering price of the Chinese social media platform in 2011?

• $10.00 per share

• $25.00 per share

• $14.00 per share

• $20.00 per share

How did the platform's valuation compare to Facebook's when it went public?

• It was half of Facebook's valuation

• It was the same as Facebook's valuation

• It was more than twice Facebook's valuation

• It was less than Facebook's valuation

By what percentage has the platform's value decreased?

• 50%

• 60%

• 76%

• 80%

What is the current recommendation from analysts regarding the platform's stock?

• Buy

• Sell

• Strong buy

• Hold

What was one of the main reasons for the platform's failure to compete with WeChat and Weibo?

• Limited international presence

• Lack of a messaging system

• High advertising costs

• Poor user interface