Renren.com recruitment platform indicated they wished to have more users to find suitable jobs and provide for the majority of job seekers with free, reliable and accurate employment information, and 100% protect users’ privacy.

It is known that companies such as patriot, Nokia, Adobe, Yahoo and other companies stationed in China have entered recruitment platform, renren.com indicated that there would be more enterprises with the recruitment needs to enter renren.com.

This is another attempt from renren.com after test in e-commerce, “renren loves to buy” . Previously renren.com had jointly worked with Taobao, Jingdong Mall to introduce the e-commerce into community. In the online business travel aspect, renren has in-depth co-operation with elong net.

Analysts believed that business travel was still too high end users of renren.com, the online recruitment may be more in line with needs of students groups.

The site changed its name from xiaonei.com last month in order to attract a wider user base of white collar workers.

According to Beijing-based Oak Pacific Interactive (OPI) figures, the service had an estimated 40 million users who had registered their real names, making it one of the most powerful social network services in China.

OPI is the largest operator of social networking websites in China, after taking ownership of the one of the most viewed in the country, MOP.com, information technology portal Donews and xiaonei. It employs 1,200 people.

One of the reasons for xiaonei’s success, said Chen, lay in the fact that it had developed into a platform for third parties and their applications, with a special emphasis on entertainment features.

Liu Ning, from the technology sector consulting company BDA China, said: “It’s quite early for a social network service to make money in just two or three years. Most, both in and out of China, find it difficult to make a profit. It’s likely that 51.com could also break even but others, even the popular kaixin001.com, are still losing money. ”

Source : Konaxis

Qingyuan is the first Chinese firm that has sold more than 2,000 self-made electric vehicles in the United States.

Qingyuan is also exploring cooperative opportunities in the green car business with Beijing Hyundai, Hyundai Motor’s car venture with Beijing Automotive Industry Holding Corp.

Several Chinese carmakers, including Chery Automotive, are also among Qingyuan’s potential partners, said the source.

To fund expansion, the firm is in talks with the investment arm of Lenovo Group’s parent firm, among others, on a share sale, raising as much as 350 million yuan ($51 million).

Several overseas companies, including venture capital firms in the United States, have also expressed an initial interest in Qingyuan, said the source without elaborating.

Source : Konaxis