Renren Inc. operates a real name social networking Internet platform in China. The Company enables users to connect and communicate with each other, share photos, and various
features and services. The Company is developing Internet finance business to leverage its social networking services and user base in China, particularly focusing on the audience of college students and young people in China. The Company operates through two segments: Renren and Internet finance. The Company's Renren segment focuses on online advertising and Internet value-added services (IVAS). The Company's Internet finance segment includes Renren Fenqi, an online platform, which provides credit financing to college students in China through the form of payment by installments; its used automobile financing business, which provides credit financing to used automobile dealers, and Renren Licai, a financing and lending platform.
Joseph ChenChairman of the Board, Chief Executive Officer
Jintao RenChief Financial Officer
Jian LiuChief Operating Officer, Director
Chuan HeSenior Vice President - Games
Lillian LiuSenior Vice President
Alvin ChiangChief Marketing Officer
Jing HuangVice President
Derek Boyang ShenVice President - Nuomi
23/F, JingAn Center Beijing, BEJ China Phone: +86 10 84481818 Fax: +86 10 51085666 www.renren-inc.com
Net income grew by 36.35%, year over year, to a loss of (U.S.)$0.05 per share during the most recently completed quarter. This was among the weakest growth seen in this industry.
Renren Inc has a net profit margin of -360.13%. Besides being negative, it is also below the industry average and implies that this company is not effective at turning revenues into bottom line profit. Company Books