Comments on: Chinese Social Media http://techlun.ch/2012/05/24/chinese-social-media/ Paul Anderson's technology blog Wed, 21 Nov 2012 16:59:31 +0000 hourly 1 http://wordpress.com/ By: BigR http://techlun.ch/2012/05/24/chinese-social-media/#comment-4874 Thu, 14 Jun 2012 00:15:48 +0000 http://techlun.ch/?p=663#comment-4874 The BBC reported today that Renren had lost money in the last quarter because of falling ad revenues – http://www.bbc.co.uk/news/business-18068128

]]> By: pdanderson http://techlun.ch/2012/05/24/chinese-social-media/#comment-4831 Fri, 25 May 2012 14:34:53 +0000 http://techlun.ch/?p=663#comment-4831 This view of Facebook is backed up by an article in MIT Technology Review which includes the line:

“Facebook’s business only grows on the unsustainable basis that it can add new customers at a faster rate than the value of individual customers declines. It is peddling as fast as it can.”
http://www.technologyreview.com/web/40437/?p1=A3

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