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2017 Press Releases

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04/06/17Renren Inc. Announces Disposition of Certain Shares of Social Finance, Inc.
BEIJING, April 6, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service and internet finance business in China, today announced that it sold preferred shares of Social Finance, Inc. ("SoFi") to certain investors on April 4, 2017, in connection with SoFi's most recent round of equity financing. The Company received net proceeds of $91.9 million for these shares. After this transaction, the Company still has 85.9% of its previous hold... 
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01/06/17Renren Announces Plan to Implement ADS Ratio Change
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... 
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