Overview

Renren Inc. operates a used automobile business and SaaS business.

Our used automobile business provides car purchasers in China with access to a wide selection of used vehicles across our network, with a focus on premium brands such as Audi, BMW, Mercedes-Benz, Land Rover and Porsche. In addition, we arrange financing options for customers through Ping An Bank and other financial services partners. We also offer value-added services including warranties, insurance and after-sale products and services. Our after-sale products and services include registration, detailing, maintenance and accessories. Our used automotive sales are growing rapidly. As of March 31, 2018, we had 14 dealerships across China.

Our SaaS business began with our launch of Chime in August 2016 and it was further expanded by our acquisition of Geographic Farming, LLC, in August 2017. Chime is an all-in-one real estate solution provider and Geographic Farming is a 360° real estate marketing and media service provider. Unlike our other businesses, our SaaS business is currently focused on the U.S. market rather than the China market.

Renren is listed on the New York Stock Exchange under the ticker symbol RENN.

 
Recent News [more]
Date Title    
04/01/19
BEIJING, April 01, 2019 (GLOBE NEWSWIRE) -- CM Seven Star Acquisition Corporation, (“CM Seven Star”) (NASDAQ: CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Renren Inc. (“Renren”) (NYSE:  RENN ), which operates a used car
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03/29/19
BEIJING , March 29, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren " or the "Company"), which operates a used auto business and SaaS business, today announced its unaudited financial results for the third quarter ended September 30 , 2018.  Third Quarter 2018 Highlights Total net revenues
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03/25/19
BEIJING , March 25, 2019 /PRNewswire/ -- Renren Inc.  (NYSE: RENN) (" Renren "), which operates a used auto business and SaaS business, today announced the appointment of Michael J McGowan, Jr. as Vice President of Sales for Chime Technologies ("Chime"), a subsidiary of Renren .
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01/29/19
BEIJING , Jan. 29, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren ") today announced that on January 28, 2019 , Kaixin Auto Group ("Kaixin"), a leading premium used car dealership network in China owned by Renren , entered into a convertible loan agreement with Kunlun Tech Limited
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