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renren.com

Founded Year

2011

Stage

IPO | IPO

Total Raised

$488M

Date of IPO

5/5/2011

Market Cap

0.50B

Stock Price

28.07

About Renren

Renren (NYSE: RENN) operates a 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 other features and services.

Renren Headquarter Location

5th Floor, North Building, Guotou Creative Information Industrial Park No. 18 Jiuxianqiao Middle Road

Beijing, Beijing,

China

+86 (10) 8448-1818

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Latest Renren News

Renren (RENN) Stock: Why The Price Increased Today

Apr 8, 2022

The stock price of Renren (NYSE: RENN) increased by over 0.6% during intraday trading today. This is why. The stock price of Renren (NYSE: RENN) increased by over 0.6% during intraday trading today. Investors are responding positively to Renren announcing that the company has signed a Software License and Distribution Agreement with Guangzhou Yupu Software Technology Co., Ltd. The License Agreement gives Renren, through its subsidiary SaaS Logistics US, Inc., a perpetual, exclusive, and irrevocable license to modify, sell, and commercially exploit the licensed software worldwide except in Mainland China for a one-time consideration of RMB2 million (equivalent to US$0.31 million). And in connection with the License Agreement, Renren entered into an employment agreement with Rui Song, Guangzhou Yupu’s former CEO. Song will serve as CEO of SaaS Logistics US, Inc. The company expects to further develop and grow its suite of driver-centric SaaS-based services with the acquired software license assets. Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

Renren Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Renren Rank

  • When was Renren founded?

    Renren was founded in 2011.

  • Where is Renren's headquarters?

    Renren's headquarters is located at 5th Floor, North Building, Guotou Creative Information Industrial Park, Beijing.

  • What is Renren's latest funding round?

    Renren's latest funding round is IPO.

  • How much did Renren raise?

    Renren raised a total of $488M.

  • Who are the investors of Renren?

    Investors of Renren include SoftBank China Venture Capital, DCM Ventures, Accel, General Atlantic, Legend Capital and 3 more.

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