Friday, March 21, 2014

Renren tries to reposition as 2013 revenue drops 2% to $157 million

Renren tries to reposition as 2013 revenue drops 2% to $157 million :
Chinese real-name social network Renren (NYSE: RENN) has announced its unaudited financial results for FY13, the twelve months ending 31 December 2013. Total revenues were $157 million, down 2 percent year-on-year. Net