Microsoft in deal with RenRen
Renren has announced its agreement with Microsoft's, MSN to cooperate in areas of instant messaging and social networking. The two companies are said to cooperate on providing universal login access to both platforms and cross sharing of photos and status updates. The agreement is to reach a significant level of integration between the two platforms, Renren claimed.
Liu Jian, COO, Renren said, "Renren's alliance with MSN network is in the spirit of a win-win situation." China is believed to be the world's largest Internet market by users with around 480 million netizens. Around 230 million of them use social networking sites and 385 million of them use instant messaging.
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