Renren, China’s largest social networking service by users, expects to make more money from online shopping than advertisements or games in the future, said Joseph Chen, chief executive.
“I expect 50 per cent of our active users to pay us in the long term. When that happens, the majority of our revenue will come from e-commerce,” Mr Chen told the Financial Times.
The remarks explain why Renren, the largest operator in China of a Facebook-like service, is pouring money into its lossmaking Nuomi group buying unit, which operates in a fiercely competitive market.
您已閱讀22%（564字），剩餘78%（2011字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。