China Merchants Bank, Renren (RENN) to Launch First Social Network Credit Card
Tweet
Share
E-mailGet Alerts RENN Hot Sheet
Join SI Premium – FREE
China Merchants Bank and Renren, Inc. (NYSE: RENN), announce the launch of a co-branded "Renren CMB" credit card with social features.
From the release: "CMB will offer information about, and services provided by over 10,000 of their merchant partners through Renren's Location Based Services. When the co-branded credit card holders "check in" from their current locations through Renren's Location Based Services function, they will receive promotional information from CMB merchant partners located in the vicinity.
In addition, a wide range of loyalty incentive programs will also be offered by both Renren and CMB for the co-branded credit card applicants and holders.
Renren CMB co-branded credit card is expected to be issued in July 2011."
From the release: "CMB will offer information about, and services provided by over 10,000 of their merchant partners through Renren's Location Based Services. When the co-branded credit card holders "check in" from their current locations through Renren's Location Based Services function, they will receive promotional information from CMB merchant partners located in the vicinity.
In addition, a wide range of loyalty incentive programs will also be offered by both Renren and CMB for the co-branded credit card applicants and holders.
Renren CMB co-branded credit card is expected to be issued in July 2011."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Atlassian (TEAM) comes ahead of Street estimates in Q1 but shares tumble
- Methanex (MEOH) Appoints Roger Perreault to its Board
- Rollins (ROL) Appoints Louise S. Sams to its Board
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
