China’s Facebook-like social network Renren, which floated on Wall Street in May 2011, says over half of its users now access the service through smartphones.

Thirty-five percent of monthly users log in via mobile, CEO Joseph Chen said whilst announcing Q3 earnings. Now the company is preparing to follow up its recent acquisition of user-upload video site with further acquisitions.

The site which some think Renren imitates is also noticing the same pattern. Facebook’s mobile VP Vaughan Smith this week said: “More than twice as many people login to Facebook from mobiles than desktops, globally” (FT via Dawn). Smith thinks India, which is undergoing a mobile boom, will soon become Facebook’s biggest territory.

Renren’s Chen told Wall Street: “We have surpassed our full-year user growth target set in the beginning of this year, despite intensified competition in China’s social networking and social media sector.”

via Renren, China’s Facebook, Sees Strong Mobile Growth And More M&A | mocoNews.