Renren success bodes well for Jiayuan’s IPO

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Renren success bodes well for Jiayuan’s IPO

Chinese dating website Jiayuan.com International has launched a $78.1m IPO on the Nasdaq stock exchange, hoping to tap into demand from investors who bought the $743m IPO of Renren.com this week — and saw their investment rocket almost 30% on its first day of trading.

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