Renren is a holding company. Through its subsidiary, Kaixin Auto Holdings (Kaixin), Co. provides car purchasers in China with access to a selection of used vehicles across its network. Kaixin also provides financing channels to customers and certain other dealers through its partnerships with several financial institutions. Co.'s Software as a Solution businesses include Chime, a client relationship management platform for real estate agents, teams and brokers in the U.S. Co.'s subsidiary, Trucker Path Inc. is a provider of a social platform for the trucking industry in the U.S. Its main product is the Trucker Path app, a trip planning companion for truck drivers. The RENN stock yearly return is shown above.
The yearly return on the RENN stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the RENN annual return calculation with any dividends reinvested as applicable (on ex-dates).
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