Renren Announces Unaudited First Half 2022 Financial Results
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.
Total net revenues improved 42% to US$21.3 million compared to US$15.0 million for the six months ended June 30, 2021.Paying subscriptions to the Company's SaaS businesses, Chime and Trucker Path, as of
