New York Stock Exchange-listed Chinese social networking firm Renren Inc. has invested US$40 million in California-based stock trading website Motif Investing to assist the company in its international expansion, according to a company announcement. Joe Chen, Renren's founder, will join Motif's board of directors. Founded in 2010, Motif is backed investors including Goldman Sachs, JPMorgan […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.