Renren Inc. operates a leading real-name social networking internet platform in China. Renren, which means 'Everyone' in Chinese, enables users to connect and communicate with each other, share information, create user generated content, play online games, watch videos and enjoy a wide range of other features and services. We believe real name relationships create a stronger and more enduring social graph that is essential in the mobile internet world and difficult to replicate. As of June 30, 2015, our social network had approximately 228 million activated users with over 80% of user time accessing our services through mobile.
Started from university campuses in 2005, we now possess a nation-wide penetration with users across all demographics, particularly college students and young white-collar professionals. Our social networking platform serves as the foundation of our business and we aim to build a mobile-centric eco-system that embodies our user needs. As a leader in mobile social networking, we are dedicated in continuing to transform ourselves into a full-fledged mobile technology Company.
Our vision is to re-define the social networking experience and revolutionize the way people in China connect, communicate, entertain and shop. To achieve this, we are focused on providing a highly engaging and interactive platform through technology that promotes connectivity, communication and sharing. The mobile internet is making the world more connected, and Renren stands at the forefront of this evolution.
Renren is listed on the New York Stock Exchange under the ticker symbol RENN.
BEIJING, Jan. 25, 2016 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real name social networking internet platform in China, today announced the issuance of the Shanghai Renren Finance Leasing Asset-Backed Special Plan (the "Plan") on January 21, 2016. The Plan will be traded on the Shanghai Stock Exchange. The Plan is China's first asset-backed security product collateralized by finance leasing of used automobiles.
The originator of the Plan is Shanghai Renr...
BEIJING, Jan. 18, 2016 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real name social networking internet platform in China, today announced the appointment of Mr. Shinzo Nakano as an independent director, as well as a member of the Audit Committee and the chairman of the Compensation Committee of the board of directors of the Company (the "Board"), effective on January 18, 2016.
Mr. Shinzo Nakano has been the president, chief executive officer and a partner...
BEIJING, Dec. 31, 2015 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real name social networking internet platform in China, today announced the resignation of Mr. Matthew Nimetz and Mr. Katsumasa Niki as directors of the Company, effective December 31, 2015. The board of directors of the Company (the "Board") is in the process of evaluating candidates for a new independent director of the Company.
"On behalf of the Board, we would like to thank Mr. Nimetz an...
BEIJING, Nov. 27, 2015 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2015.
Third Quarter 2015 Highlights
Total net revenues were US$12.4 million, a 36.4% decrease from the corresponding period in 2014.
Renren net revenues were US$8.6 million, a 24.5% decrease from the corresponding period in 2014.
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