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Friday, June 07, 2013 3:02:51 PM
RENN RenRen The facebook of China is focusing on the Android market to achieve further growth in its gaming business. It will launch various games dedicated to this market during the year, and it will also modify its existing games to work with Android devices. In the earnings call, Renren stated that its upcoming games pipeline for Android devices got delayed in H1 2013, and the company expects to ramp up in the second half of the year. While the Android gaming market is highly fragmented, Renren aims to achieve a leading position in this market in the future.
I'm not a financial advisor. All of my posts are for entertainment purposes only and based on my opinion. Advice: Do your own DD and always only invest money you can afford to lose. GLTA
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