Renren - M&A Summary, Ownership, and Business Overview

Internet Software And ServicesCompany

Renren M&A Summary

Renren has acquired 3 companies of its own. It has also divested 1 asset.

Renren’s largest acquisition to date was in 2011, when it acquired 56.com for $80M. Renren has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include internet software and services (100%).

Renren Ownership

Who owns Renren?

Renren is owned by Beijing Infinities Interactive Media. It was acquired on November 13, 2018.

Was Renren formerly PE-backed?

Yes. Renren was formerly owned by 2 private investors.

Renren Business Overview

Where is Renren headquartered?

Renren is headquartered in Beijing, China.

How many employees does Renren have?

Renren has 1,602 employees.

What sector is Renren in?

Renren is an internet software and services company.

When was Renren founded?

Renren was founded in 2002.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity3
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

Renren, Inc.

Jing An Center, 23rd Floor,
Beijing, 100028
China,
+86 10 8448 1818
www.renren-inc.com

Renren, Inc. (Formerly Oak Pacific Interactive Corp.) is an online and wireless Chinese social network and rich media community. Renren was founded in 2002 and is based in Beijing, China.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $80M $80M
Sell (0.0/yr) # 1 - - - - - 1
  4

Most Recent M&A

Company Date Value Type
Trucker Path, Inc. 2017-12-29 - Add-on Acquisition
Mountain View, California · www.truckerpath.com
eLong, Inc. 2015-05-22 - Stake Sale
Beijing, China · www.elong.net
56.com 2011-09-28 80M GBP Stake Purchase
Guangzhou, China · www.56.com
eLong, Inc. 2011-05-16 - Stake Purchase
Beijing, China · www.elong.net
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 3 (100%) 80M (100%) 1 (100%) -
Total 3 $80M 1 -

By Geo

State/Country Buy Value Sell Value
China 2 80M 1 -
United States 1 - - -
  California 1 - - -
Domestic 2 (67%) 80M (100%) 1 (100%) -
Cross-border 1 (33%) - - -
Total 3 $80M 1 -

Deal Values

buy # Total
< $100M 1 $80M
TOTAL $80M
Largest 56.com
$80M (2011-09-28)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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