Renren Inc. (RENN)
Renren Inc. operates in the Software - Application industry of the Technology sector, headquartered in Beijing, CN. The stock last traded at $1.65, down 2.94% on the session, giving a market capitalisation of $30.9M. On trailing twelve-month figures it carries a trailing P/E of -687.50, a net margin of -2.8%. Its beta of 1.43 implies it has historically moved more than the broad market.
Renren Inc. primarily operates as a software-as-a-service (SaaS) provider in the People's Republic of China. A significant part of its business involves the development of Chime, a SaaS platform specifically designed for real estate professionals, offering tools for customer relationship management (CRM), intelligent data exchange via web pages, and streamlined team management. Beyond its Chinese operations, Renren also furnishes online and mobile services for the trucking sector in the United States. Founded in 2002, the company was initially known as Oak Pacific Interactive before rebranding to Renren Inc. in December 2010. Its corporate headquarters are situated in Beijing, China.
Renren Inc. is most often compared with the following Technology names: