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Social Networking, Used Cars and SaaS are driving Renren's Growth and One of These Segments is Huge

NEW YORK, NY / ACCESSWIRE / March 8, 2019 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Renren Inc. (RENN) a company that operates a social networking service (SNS) business, used auto business and SaaS business.

Recent corporate moves by the company may indicate a shift toward supporting their largest business segment and a consolidation of their operations.

Our full report has company guidance, financial data, business overview and more READ MORE

Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/renn/

The company's social networking business called Renren, which means "everyone" in Chinese, enables users to connect and communicate with each other, share photos and access mobile live streaming. The community is highly engaged by university students and young white-collar professionals across the country. The Company's SNS business started in 2005 under its prior name Xiaonei, which meant "On Campus," synonymous to its initial roots within Universities. The company has announced big changes at Renren.

Read about the changes at Renren, recent announcements and more in this full report READ MORE

Copy and paste to your browser may be required to view the report - https://tradersnewssource.com/renn/

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SOURCE: Traders News Source

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