Renren (RENN) Reports Q2 Loss of $0.60/Share
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Renren Announces Unaudited First Quarter 2018 Financial Results and Update on Potential Financial Impact of the Transaction Announced on April 30, 2018
June 19, 2018 8:10 AM EDTBEIJING, June 19, 2018 /PRNewswire/ --Â Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service (SNS) business, used auto business and SaaS business, today announced its unaudited financial results for the first quarter ended March 31, 2018.Â
First Quarter 2018 Highlights
Total net revenues were US$140.5 million, a 570% increase from the corresponding period in 2017.-- Internet Value-Added Services (IVAS) and others net revenues were US$14.7 million, a 26.5% increase from the corresponding period in 2017.-- Financing... More
