Everyone's market value innovation Gao Chen a boat worth more than 11.5 billion

Renren was successfully listed in the US New York Stock Exchange. According to the opening price of 19.5 U.S. dollars, everyone's market value of nearly 7.7 billion U.S. dollars, it is understood that Chen a boat individual shareholding rate of 23%, according to the calculation, Chen a boat of personal wealth of more than 11.5 billion yuan.

Renren listed trading code "Renn", the issue price of 14 U.S. dollars, financing up to 740 million U.S. dollars, its opening 19.50 U.S. dollars than the issuance of 39.3% higher. Its market value of more than 7.7 billion U.S. dollars, more than Sina's 7.5 billion U.S. dollars, Sohu 3.5 billion U.S. dollars, after Tencent, Baidu, Alibaba, ranked fourth in the market capitalisation of domestic internet companies.

It is understood that before the listing of Renren, Chen a boat a total of 94.42 million ads of common shares, in the course of the IPO he sold 14 U.S. dollars to sell 4.343 million ads, 60.8 million U.S. dollars.

In addition to Chen, after joining the Oak Interactive Group's chief operating officer, Mrs Liu has 11.355 million shares, its value also soared to 216 million U.S. dollars, that is, nearly 1.4 billion yuan. The SoftBank Group, which invested 3 years ago, will also profit 2.25 billion dollars and return nearly 6 times times.