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“In the end, they basically offered us a fantastic deal,” Gwertzman said, adding that Renren is footing the bill for a major public advertising campaign on buses and in subway stations in the major Chinese cities. Gwertzman wouldn’t comment on the terms of the Renren deal. But the experience echoes what we’ve heard from other developers in that Chinese platforms tend to be more flexible on revenue split than American social networking sites are. Renren’s open platform usually gives 48 percent of revenues to the developer from for-purchase applications, a higher cut because building a payments infrastructure in China and dealing with censorship make operating a platform here more expensive.