The stock market debut of Chinese social network Renren will have turned heads at Facebook. The sky-high valuation when shares were priced on Wednesday (at more than 70 times 2010 revenues) conveyed a simple message: investors are hungry for growth. And there is no other growth story with the allure of the Chinese internet.
中國(guó)社交網(wǎng)站人人(Renren)上市首日的表現(xiàn)應(yīng)會(huì)傲視Facebook。人人股票周三定價(jià)時(shí)獲得的天價(jià)估值(超過(guò)了2010年收入的70倍),傳遞出一個(gè)簡(jiǎn)單的信息:投資者渴望增長(zhǎng),而有了中國(guó)互聯(lián)網(wǎng)的吸引力,其他什么都算不上增長(zhǎng)故事了。
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