Renren

Renren, Inc. engages in the Software as a Service (SaaS) business, which includes all-in-one real estate solution provider and a large community for the trucking industry in the United States. The company was founded by Chen Yi Zhou in November 2002 and is headquartered in Beijing, China.

Moatable Inc

PHOENIX , June 22, 2023 /PRNewswire/ -- 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.  The Company has made all filings made with the SEC and the new corporate name is effective immediately. The Company has retired its prior ticker symbol RENN and will trade under MTBL effective today, June 22, 2023.

Moatable Announces Name Change from Renren Inc. to Moatable, Inc.

PHOENIX , June 8, 2023 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company") announced today that it will change its name to Moatable, Inc., which is anticipated to become effective on June 22, 2023. Over the course of 5~7 years, Renren sold off its SNS business, divested its used car business, and shifted its business focus to a vertical SaaS model serving BtB customers.

Renren Announces Proposed Name Change to Moatable, Inc.

PHOENIX , May 24, 2023 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates two U.S.-based SaaS businesses, Chime Technologies Inc.© and Trucker Path Inc.©, today announced the repurchase of 288 million ordinary shares of the Company held by SoftBank Group Capital Limited ("SoftBank").  On May 23, 2023, Renren entered into a share repurchase agreement with SoftBank, under which the Company repurchased from SoftBank 152,870,520 Class A ordinary shares and 135,129,480 Class B ordinary shares of the Company at an aggregate purchase price of US$7,132,160, which is equivalent to US$1.1144 per ADS.

Renren Announces Repurchase of SoftBank Shares

PHOENIX , May 17, 2023 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates two US-based SaaS businesses, Chime Technologies Inc.© and Trucker Path Inc.©, today reported its first quarter 2023 financial results. First Quarter 2023 Financial Highlights Revenue increased 18% over Q1 2022 to $12.1 million Gross profit increased 20% over Q1 2022 to $9.4 million; gross profit margin increased from 76% in Q1 2022 to 78% Loss from operations improved from a loss of $4.8 million in Q1 2022 to a loss of $3.4 million Net cash used by operating activities of $2.8 million the first quarter of 2023 compared to $1.8 million used during the first quarter of 2022 Total cash & cash equivalents and short-term investments of $49.9 million as of the end of Q1 2023 "We remain focused on unlocking the full potential of both our SaaS platforms, Chime and Trucker Path, while making prudent investments in new initiatives such as our property management software and services platform Rentancy.

Renren Reports First Quarter 2023 Financial Results

Ascent Solar Technologies Inc

Arqit Quantum Inc

Cerberus Cyber Sentinel Corp

D-Wave Quantum Inc

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Top 5 Tech Stocks That May Surge

PHOENIX , Dec. 21, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates two US-based SaaS businesses, Chime Technologies Inc.© and Trucker Path Inc.©, today reports its unaudited financial results for the nine months ended September 30, 2022 for informational purposes only. On November 3, 2022, the Company declared a special cash distribution in connection with the settlement contemplated by the Stipulation of Settlement, dated as of October 7, 2021 and as amended on May 27, 2022.

Renren Reports Unaudited Financial Results for the Nine Months Ended September 30, 2022

Three things I look for when looking at companies. 2022: It was all about Renren.

Best Idea: Renren And Beyond

PHOENIX , Dec. 5, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren " or the " Company "), an operator of several US-based SaaS businesses, today announced an increase in the per share amount to be paid in the special cash distribution, that was announced on November 3, 2022, relating to the settlement contemplated by the Stipulation of Settlement, dated as of October 7, 2021 and as amended on May 27, 2022. The amount of the special cash distribution was previously announced to be US$0.7013 per Renren Class A ordinary share, or US$31.5585 per Renren American Depositary Share (" ADS ").

Renren Provides Update on Special Cash Distribution For Settlement Regarding Shareholder Derivative Litigation

Kaixin Auto Holdings

PHOENIX , Nov. 10, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates two US-based SaaS businesses, Chime Technologies Inc. © ("Chime") and Trucker Path Inc. © ("Trucker Path"), today announced its unaudited financial results for the six months ended June 30, 2022. First Half of 2022 Highlights Except where specified otherwise, the following commentary compares results for the six months ended June 30, 2022 to results for the corresponding period in 2021.

Renren Announces Unaudited First Half 2022 Financial Results

PHOENIX , Nov. 3, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren " or the " Company "), an operator of several US-based SaaS businesses, today announced that its board of directors declared a special cash distribution in connection with the settlement contemplated by the Stipulation of Settlement, dated as of October 7, 2021 and as amended on May 27, 2022 (the " Stipulation "). As previously announced, the New York State Supreme Court, Commercial Division entered the Final Order and Judgment on June 9, 2022 (the " June 9 Final Order "), which, among other things, approves the Stipulation and the transactions contemplated thereby.

Renren Declares Special Cash Distribution for Settlement Regarding Shareholder Derivative Litigation

PHOENIX , Oct. 26, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren " or the " Company "), a SaaS company, today announced that the Final Order and Judgment entered by the New York State Supreme Court, Commercial Division on June 9, 2022 (the " June 9 Final Order "), which was furnished by the Company to the U.S. Securities and Exchange Commission (the " SEC ") on Form 6-K on June 10, 2022, became effective on October 20, 2022 following a withdrawal of appeal by certain parties. The June 9 Final Order approves, among other things, the Stipulation of Settlement dated October 7, 2021, as amended by an Amendment to Stipulation of Settlement dated May 27, 2022 (in combination the " Stipulation ").

Renren Announces Effectiveness of Settlement Regarding Shareholder Derivative Litigation

USA Truck

PHOENIX , Oct. 11, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a SaaS company serving multiple global industries, today announced the appointment of two new independent directors to its board of directors (the "Board"), Mr. James M. Dumler and Mr.

Renren Announces Board Changes

AerSale Corp

WideOpenWest

On 1,000 Seeking Alpha Articles

PHOENIX , June 10, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren " or the " Company "), a SaaS company, today announced that a hearing was held on June 9, 2022 before the New York State Supreme Court, Commercial Division (the " Court ") for the consolidated shareholder derivative lawsuits captioned In re Renren, Inc. Derivative Litigation, Index No. 653594/2018 (Sup.

Renren Announces Court Approval of Settlement Regarding Shareholder Derivative Litigation

PHOENIX , May 27, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) (" Renren " or the " Company "), a SaaS company, today announced that it has entered into an Amendment (the "Stipulation Amendment") to the Stipulation of Settlement reached on October 7, 2021 (the " Initial Stipulation ," together with the Stipulation Amendment, the " Stipulation "). Capitalized but undefined terms used herein shall have the same meanings ascribed to them in Exhibit 99.1 of the Form 6-K furnished by the Company to the Securities and Exchange Commission on October 8, 2021.

Renren Announces Signing of Amendment to Stipulation of Settlement Regarding Shareholder Derivative Litigation

NEW YORK , May 5, 2022 /PRNewswire/ -- The law firms Reid Collins & Tsai LLP, Grant & Eisenhofer P.A., and Gardy & Notis, LLP, as Plaintiffs' Lead Counsel in In re Renren, Inc. Derivative Litigation, Index No.

UPDATE: RENREN, INC. DERIVATIVE LITIGATION SETTLEMENT WEBSITE UPDATED

PHOENIX, May 2, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), announces today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the "2021 20-F") with the Securities and Exchange Commission (the "SEC") on April 29, 2022. The 2021 20-F can be accessed on the Company's investor relations website at http://ir.renren-inc.com and on the SEC's website at www.sec.gov.

Renren Inc. Filed 2021 Annual Report on Form 20-F

How has RENN done so far? What is it worth?

Renren: Our Best Long For 2022

PHOENIX , April 8, 2022 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), announces today that the Company, has signed a Software License and Distribution Agreement ("License Agreement") with Guangzhou Yupu Software Technology Co., Ltd. ("Guangzhou Yupu").

Renren Inc. Announces Software License Agreement

NEW YORK , April 1, 2022 /PRNewswire/ -- Rakower Law PLLC is investigating claims on behalf of investors of Renren Inc. ("Renren" or the "Company") who held shares of Renren in June 2018. (NYSE: RENN) This investigation concerns an action pending in New York Supreme Court, New York County entitled, In re Renren, Inc. Derivative Litigation, Index No.

SHAREHOLDER ALERT: RAKOWER LAW PLLC INVESTIGATES CLAIMS ON BEHALF OF INVESTORS OF RENREN, INC. IN JUNE 2018

NEW YORK, Jan. 27, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Renren Inc. ("Renren" or the "Company") (NYSE: RENN). The investigation concerns whether Renren and certain of its officers and/or directors have breached fiduciary duties owed to the company and its investors.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Renren Inc. - RENN

Sifting the World presented our best idea to members last month.

Renren: An Update On Our Best Idea For 2022

Renren: Chris DeMuth Of Sifting The World Discusses His Top Idea For 2022

StW's best idea for 2022. A disastrous – but appealable – decision.

Renren Is So Bad It's Good

PHOENIX, Dec. 29, 2021 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates two US-based SaaS businesses, Chime Technologies Inc. ("Chime") and Trucker Path Inc. ("Trucker Path"), today announced its unaudited financial results for the six months ended June 30, 2021.  First Half of 2021 Highlights Except where specified otherwise, the following commentary compares results for the six months ended June 30, 2021 to results for the corresponding period in 2020, excluding those of Kaixin Auto Holdings ("Kaixin").

News for Renren ETF (RENN)