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Long term now, where does Renren go? What's the strategy as you build your company and try and take market share?
从长远来看，人人网会往什么方向发展？你在建立公司时采用了什么样的策略来占有市场份额？
Well, we are in the business of the real…er… real name based social networks and only less than a quarter of the user base, well, only less than a quarter of the Chinese Internet user base are our users.
好吧，我们的网站是实名制的社交网站，只有不到四分之一的网民，不，只有不到四分之一的中国网民是我们的用户。
So, well, what we have a lot of room to grow, in the next, in the days to come.
因此，下一步，我们的发展空间还很大。
And most importantly, Chinese is going through a sweeping innovation on the mobile Internet space, when really low-cost smart phones penetration are going on really fast.
而且最重要的是，中国正在经历一场手机上网革新风暴，低价智能手机已经快速渗透到市场的每个角落。
So we experienced very rapid growth on the mobile Internet space, and that's where we are gonna focus our strategy on and we are gonna leverage on our largest open platform in China to help us do that as well.
所以我们见证了手机网络的高速发展，我们将把战略目标放到手机人人网上。为了做到这点，我们也将会利用我们最大的开放平台。
Ok, all right, Mr. Chen, but does your main competition come to you, do you think, from the Facebooks of this world, and other companies that may eventually get access, may eventually, get access or is it more home-grown competition within China do you think?
好的，行，陈先生。但是你觉得你们的主要竞争对手出现了吗？比如说国外的社交网站Facebook，还有其他的国外公司已经进入中国市场了吗？或者你觉得来自国内的竞争更激烈一些？
Well, I think, I think, inevitably, you know, because China market is so big, right?
好的，我认为，这是不可避免的，你也知道，中国的市场很大，对不?
I think inevitably, all the large global Internet companies will be going to China and that's, that's a part of reality because a lot of international companies has come into China.
我觉得全球所有大的网络公司都会进军中国，这是不可避免的，这也是现实，因为很多国际大公司都已经进入了中国市场。
But the landscape in China is very different from other part of the world where the local competition is very strong because the size of the large market allow it, allow local competitors to grow to a very large size, such as you known Baidu and Tencent.
但是中国的形式和其他国家区别很大，本土竞争十分激烈，这是庞大的市场造成的。庞大的市场反过来也给了本土的竞争者扩张的条件，就像你知道的百度和腾讯公司。
All feature $40 to $50 billion market cap with a large user base, very strong financial resources.
这两家公司资金雄厚，都市值400至500亿美元，而且拥有庞大的用户群。
So in our case, we being in this business for six years now, and we've been growing very rapidly and we think that the, the scalability of a platform as well as the critical mass of user base will allow us to continue to compete very efficiently in the progress of this market.
我们的情况是公司已经成立六年了，也发展得很快。我认为以人人网的可扩性及其高素质的用户群会让我们在这个市场上保持高效的竞争力。
