Renren
Renren.com is an online social network service that offers an extensive interactive communication platform for Chinese users.
Launch date
Employees
Market cap
€25.9m
Enterprise valuation
(€19m) (Public information from Jun 2023)
Share price
$0.7 RENN
Beijing China (HQ)
Corporate Venture Fund: Renren Lianhe Holdings
Financials
Estimates*
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 202m | 498m | 350m | 18.0m | 32.0m | 46.0m | 52.1m |
| % growth | 219 % | 147 % | (30 %) | (95 %) | 78 % | 44 % | 13 % |
| EBITDA | (86.0m) | (109m) | (106m) | (26.0m) | (19.0m) | (14.0m) | (8.4m) |
| % EBITDA margin | (43 %) | (22 %) | (30 %) | (144 %) | (59 %) | (30 %) | (16 %) |
| Profit | (110m) | 73.0m | (51.0m) | (19.0m) | 14.0m | (75.0m) | (9.0m) |
| % profit margin | (54 %) | 15 % | (15 %) | (106 %) | 44 % | (163 %) | (17 %) |
| EV / revenue | 3.7x | 0.3x | 0.3x | 6.0x | 9.1x | -0.3x | -0.3x |
| EV / EBITDA | -8.7x | -1.6x | -0.8x | -4.2x | -15.3x | 0.8x | 1.8x |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$48.0m | Late VC | ||
$430m | Growth Equity VC | ||
| N/A | $743m Valuation: $16.5b | IPO | |
| Total Funding | €435m | ||
Recent News about Renren
EditInvestments analysisEdit
By Industry
exited
ACQUISITION by Souche Apr 2018
exited
ACQUISITION Jul 2017
ACQUISITION Dec 2017