יום שישי, 15 ביולי 2011

China's Facebook Launches Social Credit Card While It Slides On Stock Exchange

A paradox seems a foot when a Chinese social network pilots an innovative global initiative at the same time its stock price is plummeting. As Renren, China's Facebook teams up with China Merchants Bank to create a co-branded credit card with "social features" - in one week's time, the value of its stock fell from US$14 to an all time low of US$6.78 as of closing on July 16.

Source: http://inventorspot.com/articles/chinas_facebook_launches_social_credit_card_while_it_slides_stoc

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