Renren is a holding company. Through its consolidated subsidiaries, variable interest entities (VIEs) and VIEs' subsidiaries, Co. is engaged in the software as a service (SaaS) business, which includes real estate solution provider and a community for the trucking industry in the U.S. Co.'s SaaS businesses include Chime, a client relationship management platform for real estate agents, teams and brokers in the U.S. Chime allows users to import information of potential buyers and sellers from third-party platforms to the Chime platform. Co.'s subsidiary, Trucker Path, Inc., is a transportation network company engaging in online and mobile services for the trucking industry in the U.S. 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 2022 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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