BEIJING, July 31, 2015 /PRNewswire/ -- Renren Inc. (NYSE:
RENN) ("Renren" or the "Company"), a leading real-name social
networking internet platform in China, today announced that its Acting Chief
Financial Officer, Mr. Ashley Law Kwok
Wai, is resigning from his position at the Company to
pursue another career opportunity, effective July 31, 2015.
"We thank Ashley for his significant contribution to the Company
since he joined in November 2012. We
wish him the best in his next venture,"
said Renren's Chairman and Chief Executive Officer,
Mr. Joseph Chen.
The Company intends to appoint a new CFO candidate in due
course. In the meantime, James Jian
Liu, Renren's Chief Operating Officer, will serve as the
interim CFO.
The Company noted that there were no disagreements between Mr.
Law and the Company and that his departure is not related to the
Company's operations, policies, practices or any issues regarding
the Company's accounting policies and practices.
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 and the game
operating platform Renren Games. Renren.com had approximately 225
million activated users as of
March 31, 2015. Renren's American
depositary shares, each of which represents three Class A ordinary
shares, trade on NYSE under the symbol "RENN".
For more information, please contact:
Cynthia Liu
Investor Relations Department
Renren Inc.
Tel: (86 10) 8448 1818 ext 1300
Email: ir@renren-inc.com
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SOURCE Renren Inc.