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  1. 4 days ago · Renren Inc. engages in the software as a service business in the United States and internationally. The company develops Chime, an all-in-one real estate sales acceleration and client lifecycle management platform that combines IDX websites, lead generation, marketing automation, advanced lead management, and powerful AI to capture and convert leads into new business; and Trucker Path, a ...

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  2. Jun 22, 2023 · Moatable, Inc. ("Moatable" or the "Company") (NYSE: MTBL) (formerly Renren Inc.) announced today that it has officially changed its corporate name from Renren Inc. to Moatable, Inc.

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  4. RENN : 1.6500 (-2.94%) Renren Announces Signing of Stipulation of Settlement Regarding Shareholder Derivative Litigation PR Newswire - Fri Oct 8, 2021. /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a SaaS company, today announced that it has entered into a Stipulation of Settlement (the...

    • Reviewing Renren's Transformation
    • Why Did Renren's Share Price Plummet?
    • Why Did Renren's Stock Rally?
    • Is Renren's Stock Still Worth Buying?

    Between 2011 and 2015, Renren's annual revenue plunged from $118 million to $41 million. Its core platform, which was essentially a clone of Facebook, struggled to compete against Tencent's QQ social network and its WeChat messaging app, and Weibo's microblogging platform. However, Renren's revenue rose to $63 million in 2016 after it launched a ne...

    By the end of 2017, Renren's business had stabilized again. But in 2018, Renren sparked an investor revolt when it decided to sell its entire investment portfolio to Oak Pacific Investment -- a company controlled by Renren's CEO, Joseph Chen, and Japanese conglomerateSoftBank (SFTB.Y-0.30%)-- at a significant discount. Renren closed the deal in Jun...

    Renren looks like a zombie company, but a recent legal victory in a New York court brought a stampede of bulls back to its stock. On Oct. 8, Renren agreed to settle a lawsuit with U.S. investors regarding the sale of its investment portfolio to Oak Pacific Investment. Oak Pacific Investment and Joseph Chen will pay out "at least" $300 million -- wh...

    Investors might think it's a good idea to buy Renren right now and wait for the cash payments to flow in. Yet Renren's stock price is already hovering near the midpoint of the rumored per-share payout range. Moreover, the judge hasn't formally approved the settlement, set a final price, or a scheduled the payments yet, and it could take awhile for ...

  5. Renren (RENN) Shows Strength: Stock Rises 8% In Session. By Zacks Investment Research. • Aug 17, 2017. Renren Inc. (NYSE:RENN) was a big mover last session, as the company saw its shares rise a ...

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  7. Why Renren Stock Fell 11.7% in November Keith Noonan | Dec 8, 2017 The Chinese social media company's stock got a double-digit haircut last month but still trades up roughly 20% in 2017.

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