Renren (RENN) Reports H1 2021 Results

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Renren Announces Unaudited First Half 2021 Financial Results

December 29, 2021 6:37 PM EST

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").

The Company completed its deconsolidation of Kaixin on June 25, 2021 through Kaixin's reverse... More