Renren Inc. (NYSE: RENN) States that its Policy is Not to Comment on Unusual Market Activity or Rumors
BEIJING, March 6, 2014 /PRNewswire/ -- Renren Inc. (NYSE: RENN), is a leading real-name social networking internet platform in China. In view of the unusual market activity in the Company's American Depositary Shares (ADS) on Wednesday, March 5, 2014, the New York Stock Exchange has contacted the Company in accordance with its usual practice. The Company stated that its policy is not to comment on market rumors or otherwise speculate on unusual market activity.
About Renren Inc.
Renren Inc. (NYSE: RENN) operates a leading real name social networking internet platform in China. It enables users to connect and communicate with each other, share information and user generated content, play online games, watch videos and enjoy a wide range of other features and services. Renren's businesses primarily include the main social networking website Renren.com, the game development and operating platform Renren Games, and the user-generated content focused video sharing website 56.com. Renren.com had approximately 200 million activated users as of September 30, 2013. Renren's American depositary shares, each of which represents three Class A ordinary shares, trade on NYSE under the symbol "RENN".
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SOURCE Renren Inc.