Renren Inc. operates a leading real name social networking service (SNS) and an internet finance business in China. Our SNS enables users to connect and communicate with each other, share photos and access mobile live streaming. Our internet finance business includes primarily consumer financing and auto financing. Renren.com and our renren mobile application had approximately 236 million activated users as of June 30, 2016.
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. 6, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares, par value US$0.001 per share, from the current ratio of one (1) ADS to three (3) Class A ordinary shares to a new ratio of one (1) ADS to fifteen (15) Class A ordinary shares. The Company will file an amendment to its...
BEIJING, Dec. 30, 2016 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced that the Special Committee of its Board of Directors (the "Special Committee"), which was formed to consider (a) a proposed spin-off, (b) a preliminary non-binding proposal ("Proposal") to purchase any shares of the company to be spun off ("SpinCo") that are not distributed in the proposed spin-off, and (c) any potential a...
BEIJING, Dec. 23, 2016 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced that it has posted a Q&A on its website to respond to some of the questions that it has received about its proposed spin-off. This Q&A may be accessed at the investor relations section of the Company's website at http://ir.renren-inc.com.
About Renren Inc.
Renren Inc. (NYSE: RENN) operates a leading real name ...
BEIJING, Dec. 22, 2016 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced that the board of directors of the Company has formed a special committee to review the terms of a proposed spin-off. As previously announced, the Company intends to spin off a newly formed subsidiary ("SpinCo") that will hold the Company's social video platform woxiu.com and most of the Company's investments in minority st...
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