TECH
02/21/2011 08:51 am ET Updated May 25, 2011

Facebook Follower Renren Eyes IPO: REPORT

Renren.com, China’s largest social- networking service, is seeking to capitalize on strengthening demand for the nation’s Internet stocks with a U.S. initial public offering.

Renren.com is preparing an IPO of about $500 million this year, according to three people with knowledge of the plan.

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