SOURCE: World Street Fundamentals

June 29, 2011 09:00 ET

Equity Research on E-Commerce China Dangdang Inc. and Renren Inc. - Online Service, the New Age Convenience

HONG KONG--(Marketwire - Jun 29, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting E-Commerce China Dangdang Inc. (NYSE: DANG) and Renren Inc. (NYSE: RENN). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

A stabilizing global economy could contribute to more overall advertising spending, an increasing percentage of budgets being committed to the Internet. U.S. online advertising revenues rose and 3% in 2009 and 15% in 2010, and Standard & Poor's estimates an increase of 10% in 2011.It is believed the U.S. accounts for more than a third of this market. With the internet phenomenon it is obvious that large corporations commit more cash flow for advertising on the Internet as people spend more time online. Online retail sales increased 11% in 2009 and 13% in 2010. S&P speculate that growth will be 11% in 2011.

World Street Fundamentals has highlighted E-Commerce China Dangdang Inc. as a business-to-consumer (B2C), e-commerce Company in the People's Republic of China. As of September 30, 2010, it offered approximately 590,000 book titles on its Website, including more than 570,000 Chinese language titles. The Company also offers other media products and selected general merchandise categories on its Website, including beauty and personal care products, home and lifestyle products, and baby, children and maternity products. The entire report on E-Commerce China Dangdang Inc. (NYSE: DANG) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted Renren Inc. as a social networking Internet platform in China. Renren generates revenues from online advertising and Internet value-added services (IVAS). The Company's platform enables its users to connect and communicate with each other, share information and user-generated content, play online games, listen to music, shop for deals and a range of other services. Its platform includes: Renren.com, Game.renren.com, Nuomi.com and Jingwei.com. The Company is also a developer and operator of Web-based games and offers the games through game.renren.com. The entire report on Renren Inc. (NYSE: RENN) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

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