RENN - Renren Inc.
| Previous Close | 0.7200 |
| Open | 0.7500 |
| Bid | 0.6200 x 800 |
| Ask | 0.0000 x 1000 |
| Day's Range | 0.7200 - 0.7942 |
| 52 Week Range | 0.5400 - 2.4700 |
| Volume | 42,439 |
| Avg. Volume | 31,620 |
| Market Cap | 52.826M |
| Beta (3Y Monthly) | 0.34 |
| PE Ratio (TTM) | 0.63 |
| EPS (TTM) | 1.1970 |
| Earnings Date | May 14, 2018 - May 18, 2018 |
| Forward Dividend & Yield | 9.19 (909.65%) |
| Ex-Dividend Date | 2018-06-22 |
| 1y Target Est | 1.70 |
- GlobeNewswire
Kaixin Auto Holdings Appoints New Chief Financial Officer
Kaixin Auto Holdings (KXIN) (“Kaixin” or the “Company”) announced today that it has appointed Ms. Yi “Lucy” Yang as its Chief Financial Officer, effective immediately. Ms. Yang will succeed Mr. Thomas Ren, who will continue to serve as chief financial officer of Renren Inc. (RENN) (“Renren”). Mr. Ji Chen, Chief Executive Officer of Kaixin, said, "On behalf of Kaixin’s Board of Directors and management team, I would like to thank Thomas for his numerous contributions and tireless work at Kaixin.
- PR Newswire
Renren Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price
BEIJING, Aug. 2, 2019 /PRNewswire/ -- Renren Inc. (RENN) ("Renren" or the "Company"), which operates a leading premium used auto business in China through its subsidiary Kaixin Auto Holdings (KXIN) as well as several U.S.-based SaaS businesses, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated July 30, 2019, notifying Renren that it is below compliance standards due to the trading price of Renren's American depositary shares (the "ADSs"). Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period.
- Simply Wall St.
What Kind Of Shareholder Owns Most Renren Inc. (NYSE:RENN) Stock?
Every investor in Renren Inc. (NYSE:RENN) should be aware of the most powerful shareholder groups. Large companies...
- Thomson Reuters StreetEvents
Edited Transcript of RENN earnings conference call or presentation 12-Jun-19 1:00am GMT
Q1 2019 Renren Inc Earnings Call
- PR Newswire
Renren Announces Unaudited First Quarter 2019 Financial Results
BEIJING , June 11, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business in China through its subsidiary Kaixin ...
- ACCESSWIRE
Renren Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / June 11, 2019 / Renren Inc. (NYSE: RENN ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on June 11, 2019 at 9:00 PM Eastern Time. ...
- PR Newswire
Renren Inc. to Report First Quarter 2019 Financial Results on June 11, 2019
BEIJING , June 7, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business in China (NASDAQ: KXIN) and several ...
- PR Newswire
Renren Announces Filing of Annual Report on Form 20-F
BEIJING , May 15, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren"), which operates a leading premium used auto business in China (NASDAQ: KXIN) and several US-based SaaS businesses, today ...
- PR Newswire
Renren Announces Unaudited Fourth Quarter and Fiscal Year 2018 Financial Results
BEIJING , May 14, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business in China (NASDAQ: KXIN) and several ...
- GlobeNewswire
Trucker Path Bolsters Leadership Team, Appoints Transportation Industry Veteran Craig Littzen as Chief Operating Officer
PHOENIX, May 13, 2019 -- Trucker Path Inc., a subsidiary of Renren Inc. (NYSE: RENN) ("Renren"), which operates a leading premium used auto business in China (NASDAQ: KXIN) and.
- GlobeNewswire
CM Seven Star Announces Consummation of Business Combination with Renren Inc.’s Kaixin Auto Group
BEIJING, May 01, 2019 -- CM Seven Star Acquisition Corporation (“CM Seven Star”) (NASDAQ: CMSS), a blank check company formed for the purpose of entering into a business.
- GlobeNewswire
CM Seven Star Announces Additional Information
CM Seven Star Acquisition Corporation (“CM Seven Star”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Renren Inc. (“Renren”) (RENN), which operates a used car business and SaaS business, today announced an aggregate of 20,403,667 ordinary shares were redeemed in connection with the target closing of the transaction. The total number of public shares is 232,626, in which 160,000 shares are held by Shareholder Value Fund (“SVF”), sponsor of CMSS, therefore estimated at only 72,626 shares held by third parties excluding SVF.
- GlobeNewswire
CM Seven Star Announces Results of Annual Meeting of Shareholders
CM Seven Star Acquisition Corporation (“CM Seven Star”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Renren Inc. (“Renren”) (RENN), which operates a used car business and SaaS business, today announced the results of CM Seven Star’s annual meeting (the “Meeting”) held on April 29, 2019 (adjourned from April 24). At the meeting, holders of the ordinary shares of CM Seven Star were asked to approve the share exchange agreement dated as of November 2, 2018 by and among CM Seven Star, Kaixin Auto Group (“Kaixin”) and Renren (the “Share Exchange Agreement”), and other related proposals.
- GlobeNewswire
CM Seven Star Announces Adjournment of Annual Shareholder Meeting of Shareholders to April 29, 3:00pm EDT
CM Seven Star Acquisition Corporation, (“CM Seven Star”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Renren Inc. (“Renren”) (RENN), which operates a used car business and SaaS business, today announced that CM Seven Star’s annual meeting of shareholders (the “Meeting”) scheduled for April 24, 2019, was convened and adjourned, to 3:00 p.m. Eastern Daylight Time on Monday April 29, 2019, at the offices of Loeb & Loeb LLP, 345 Park Avenue New York, NY 10154. As previously announced, the record date for those eligible to receive notice of and to vote at the Meeting was March 28, 2019.
- GlobeNewswire
CM Seven Star Announces date for Annual Meeting of Shareholders
CM Seven Star Acquisition Corporation, (“CM Seven Star”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, and Renren Inc. (“Renren”) (NYSE: RENN), which operates a used car business and SaaS business, today announced that CM Seven Star’s annual meeting will be held on April 24, 2019. At this meeting, holders of the ordinary shares of CM Seven Star will be asked to approve the share exchange agreement, dated as of November 2, 2018, by and among CM Seven Star, Kaixin Auto Group (“Kaixin”) and Renren, and other related proposals.
- PR Newswire
Renren Announces Unaudited Third Quarter 2018 Financial Results
BEIJING , March 29, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a used auto business and SaaS business, today announced its unaudited financial ...
- PR Newswire
Renren Appoints Michael McGowan as Vice President of Sales for Chime Technologies
BEIJING , March 25, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren"), which operates a used auto business and SaaS business, today announced the appointment of Michael J McGowan, Jr. ...
- ACCESSWIRE
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. 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.
- ACCESSWIRE
Four Tech Stocks To Watch on Wednesday
CORAL GABLES, FL / ACCESSWIRE / March 6, 2019 / The tech stock market has been a hotbed of exciting conversation during the last few months as a result of word spreading about tech companies taking innovative approaches to create new technologies for the betterment of humankind. Stemming from the belief that consumers deserve to live life to the best of their ability, these tech companies have pioneered technological advancements in the areas of augmented reality, cloud computing, and countless others. ParcelPal Technology Inc (PTNYF) (PKG), Seelos Therapeutics Inc (SEEL), Renren Inc (RENN), and Ohr Pharmaceutical Inc (OHRP) represent 4 tech stocks on the rise on Wednesday.
- GlobeNewswire
Report: Exploring Fundamental Drivers Behind Iamgold, Malibu Boats, Renren, 58, Neos Therapeutics, and Kimball Electronics — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, Feb. 26, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
- PR Newswire
Renren-Owned Kaixin Auto Group Enters into a Convertible Loan Agreement with Kunlun Tech Limited for $23 million
BEIJING, Jan. 29, 2019 /PRNewswire/ -- Renren Inc. (RENN) ("Renren") today announced that on January 28, 2019, Kaixin Auto Group ("Kaixin"), a leading premium used car dealership network in China owned by Renren, entered into a convertible loan agreement with Kunlun Tech Limited ("Kunlun"), a Hong Kong company owned by Beijing Kunlun Tech Co., Ltd. (Shenzhen Stock Exchange: 300418), pursuant to which Kunlun has agreed to fund, subject to customary closing conditions, a $23 million convertible loan to Kaixin (the "Loan"), with interest payable at the rate stipulated by the People's Bank of China. The first tranche of the Loan, in the amount of $20 million, was funded on January 28, 2019, and the remaining $3 million is to be funded on or before January 31, 2020.
- GlobeNewswire
CM Seven Star Acquisition Corporation Extends Period to Complete Business Combination with Renren Inc.’s Kaixin Auto Group, a Transaction Valued at Approximately $454 million
CM Seven Star Acquisition Corporation (“CM7Star” or the “Company”) (CMSS), a blank check company formed for the purpose of entering into a business combination with one or more businesses, today announced that it received a notice from its sponsor, Shareholder Value Fund (the “Sponsor”), to extend the time required for the Company to complete its proposed business combination with Kaixin Auto Group (“Kaixin”), a leading premium used car dealership network in China owned by, Renren Inc. (“Renren”) (RENN) for an additional three-months, ending April 30, 2019. Promptly after delivering the notice, the Sponsor, or its designees, and Kaixin deposited an aggregate amount of approximately $2.1 million, representing $0.10 per public share, into the Company’s trust account pursuant to the terms of the investment management trust agreement entered into by the Company at the time of the Company’s initial public offering and pursuant to the terms of the definitive share exchange agreement previously entered into by the Company and Kaixin.
- Simply Wall St.
With A -16% Earnings Drop, Did Renren Inc (NYSE:RENN) Really Underperform?
Examining Renren Inc’s (NYSE:RENN) past track record of performance is a useful exercise for investors. It allows us to reflect on whether the company has met or exceed expectations, which Read More...
- TechCrunch
The forgotten 'Facebook of China' is sold for $20M
Renren, which was once heralded as the 'Facebook of China' and later became China's answer to MySpace after falling out of fashion among its core young users, is selling its social networking business. Renren's parent company Beijing Qianxiang Wangjing has agreed to sell all tangible and intangible assets of renren.com to Beijing Infinities Interactive Media, according to a statement. As part of the deal, Qianxiang will receive $40 million worth of shares in Beijing Infinities, a $700 million firm that owns one of China's major IT news sites DoNews.
- PR Newswire
Renren Announces Disposal of All Assets in its Renren Social Networking Service Business to Beijing Infinities
A minority shareholder of the Buyer is Oak Pacific Holdings, a company controlled by Mr. Joseph Chen, Renren's Chairman and Chief Executive Officer, and Mr. James Jian Liu, Renren's executive director and Chief Operating Officer. This asset sale transaction was discussed and approved by the audit committee of Renren's board of directors, which considered the background and material terms of this transaction as well as the result of a fairness analysis conducted by Duff & Phelps, LLC, and was submitted to and approved by Renren's board of directors.
