Renren and Dangdang Remained Well Positioned for Growth
The Bedford Report Provides Equity Research on Renren & Dangdang
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/17/11 -- China boasts the world's largest number of internet users, and given the nation's strict censorship laws which minimize competition, companies such as Renren and Dangdang are considered promising growth stories. The Bedford Report examines the outlook for companies in China's Internet Sector and provides stock research on Renren, Inc. (NASDAQ: RENN) and E-Commerce China Dangdang, Inc. (NASDAQ: DANG). Access to the full company reports can be found at:
With 457 million online at the end of 2010, China already claims the largest number of Internet users in the world and studies show that the number of users continues to grow at a rapid pace. Brokerage CLSA expects that number to increase to more than 800 million by 2013, while a recent study from the consultancy, McKinsey & Co estimated that 6 million people go online for the first time in the country every month.
releases investment research on the Chinese Internet Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.
Reports from the Chinese Academy of Social Sciences (CASS) claim that there has been a 41 percent drop in the number of websites over the last year, with 1.91 million websites left at the end of last year. Experts believe tighter regulations and the blocking of sensitive forums have contributed to the decline.
China had already blocked websites such as Facebook, YouTube and Twitter, and in the aftermath of the "Jasmine Revolution" that swept across much of the Middle East, Chinese officials have tightened online regulations even more.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 17.08.2011 - 12:16 Uhr
Sprache: Deutsch
News-ID 47471
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