Used-car sales, and not social networking, are behind the wheel when it comes to driving all of Renren's growth these days.
News & Analysis: Renren
After climbing an incredible 75% since the start of the year, on word it was the next company to announce an ICO, Renren is giving back some of its gains.
The Chinese social media company's stock got a double-digit haircut last month but still trades up roughly 20% in 2017.
Are things finally turning around for this Chinese social media company?
Why did investors abandon social network Renren and data center company 21Vianet?
The Chinese social media site got crushed last year -- even though its addressable market is booming and its rivals are thriving.
The Chinese social-media company bounced on plans for a spinoff.
The company once hyped as "the Facebook of China" is trying to spin off its live streaming hub. The scenario sounds familiar.
The Chinese social media leader is spinning off pieces of its business into a new, privately-held subsidiary.
Bitauto, Vipshop, and Renren posted double-digit percentage declines this past week.