Renren Inc.

Overview

Renren Inc. (Renren) is an automobile dealer. The company sales new cars and purchased cars. It also provides financing options for customers, value-added services including warranties, insurance and after-sale products and services. Renren’s after-sale products and services include registration, detailing, maintenance, and accessories. The company is also into the SaaS business. Its SaaS Business includes Chime, which is an all-in-one real estate solution provider and Geographic Farming, which is a real estate marketing and media service provider. Its’s automobile business had dealerships across China and SaaS business is mainly operates in the US. Renren is headquarter in Beijing, China.
Key Stats
Address
5/F, North Wing, 18 Jiuxianqiao Middle Road, BEIJING, Beijing
Headquarters

China

Contact

86 10 84481818

No of Employees

324

Industry

Retailing

Ticker Symbol & Exchange​

RENN [NYSE]

Revenue (2020)

$18 m

-94.9% (2020 vs 2019)
Net Income (2020)

$-19 m

62.8% (2020 vs 2019)
Net Profit Margin

-106 %

-626.6% (2020 vs 2019)
Market Cap *

$265 m

EPS *

$-0

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Renren Inc.NetEase IncJOYY IncSohu.com Ltd.
Key Information
Headquarters China China Singapore China
Headquarter City BEIJING HANGZHOU - Beijing
Headquarter State/Province Beijing Zhejiang - Beijing
No. of Employees 324 28,239 7,931 7,600
Entity Type Public Public Public Public

Products & Services

Renren operates automobile business. The key products and services of company include the following:

Products
  • Cars
  • Used Cars
  • Accessories
Services
  • Financing Options
  • Value-Added Services:
  • Warranties
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
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History

Year Event Description
2018 Acquisitions/Mergers/Takeovers In November, Renren and CM7Star announced its plans to acquire 100% stake in Kaixin for…
2017 Contracts/Agreements In December, Renren entered into a definitive agreement to acquire 100% of Trucker Path Inc.
2014 Financing Agreements In May, Renren and other investors raised US$31 million in Fundrise and Rise Companies in…
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Locations


Sindeo, Inc.

Address

1 Union Street, Suite 210, San Francisco
United States of America

Telephone

1 855 746 3361

Website

www.sindeo.com
Kaixin Auto Holdings

Address

5F, North Wing, 18 Jiuxianqiao Middle Road, BEIJING
China

Telephone

86 10 84481818

Website

ir.kaixin.com
Chime Technologies, Inc.

Address

7th Floor, 2828 North Central Avenue, Phoenix
United States of America

Telephone

1 888 3429698

Website

chime.me

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
31 Mar 2021 Kaixin Auto Holdings (Kaixin Auto) Raises USD6 Million in Private Placement of Convertible Preferred Shares Equity Offering Renren Inc. Kaixin Auto Holdings
13 Nov 2018 Infinities Interactive Media to Acquire Assets of Renren Asset Transaction Beijing Infinities Interactive Media Co, Ltd Renren Inc.; Beijing Qianxiang Wangjing Technology Development Co., Ltd
06 Nov 2018 CM Seven Star Acquisition (CM7Star) Acquires Kaixin Auto Group from Renren Acquisition Kaixin Auto Holdings Kaixin Auto Group
29 Dec 2017 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
26 Oct 2016 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
18 Aug 2016 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit