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PublicNYSE:RENN
Date5/2011
Raised
Post IPO Valuation

General Information

Websiterenren-inc.com
CategoryConsumer Web
Employees
Founded2002
DescriptionRenren.com, Renren Games, 56, and Nuomi

Offices

Beijing, CHN
Shanghai, CHN
Guangzhou, CHN

People

CEO & Chairman
Board of Directors
Board Observer

Acquisitions

Total$80M
56.com, 9/2011 $80M
Xiaonei, 10/2006

Investments

Funding

TOTAL $478M
FUNDING TOTAL $478M
Venture Round, 3/2006
General Atlantic
DCM
Technology Crossover Ventures
Accel Partners
Legend Capital
$48M
Private Equity, 4/2008
Joho Capital
SoftBank Capital
$430M

Tags

Renren Inc.

Renren Inc. (formerly Oak Pacific Interactive) is a leading next generation internet platform that provides web 2.0 communities, content creation and distribution, and integrated communication.

The company has built an array of leading online platforms Renren (the dominant social networking site focused on college students and whitecollar workers that is previously known as Xiaonei), mop.com (the largest entertainment portal) and donews.com (the leading IT blogging site) through organic growth and acquisition, and a fast growing online game business line including the biggest browser based MMORPG in China.

Renren.com is an online social network service that provides one of the largest interactive communication platforms for Chinese users. Embedded with functions like blogging, photo, and video sharing, renren.com has built an efficient platform for users to share their daily lives and thoughts with their friends.

In December 2005, xiaonei.com (later renamed to renren.com) was founded by Xing Wang and Huiwen Wang, who were college students at that time. In October 2006, xiaonei.com was acquired by China InterActive Corp, and then merged with 5Q Xiaoyuan, a subsidiary of China InterActive Corp, later in that year. On August 14, 2009, xiaonei.com was renamed to renren.com. In May 2011, renren.com was approved for listing on NASDAQ, succeeded in raising $700,000,000.

With the number of users reaching 200 million, renren.com now has over 30% of its traffic coming from mobile devices. Renren.com owns several subsidiary companies including Kaixin Farm and Nuomi. Its major competitor is kaixin001.com.

Renren Inc. is headquartered in Beijing with offices and sales representatives in over 20 cities/provinces in China.

Recent Milestones

Videos

Screenshots

Renren Inc. screenshot
Above: Home Page
Uploaded: 12/6/13

Stock Price

Traffic Analytics

Compete

Renren-inc

Sources

  1. Chinese Social Network Renren Buys Video Sharing Site 56.com For $80 Million (techcrunch.com) [edit]
  2. mashable.com [edit]
  3. SoFi Closes On $80 Million To Expand Its Lending Business (techcrunch.com) [edit]
  4. Social Finance Lands $77M From Baseline, Renren To Help Solve The Student Debt Crisis (techcrunch.com) [edit]
  5. Oak Pacific raises US$48m for growth. (accessmylibrary.com) [edit]
  6. Softbank-led Group Invests $430M in China's Oak Pacific (wnd.com) [edit]
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Last Edited 4/3/14

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