BEIJING, Jan. 17, 2020 /PRNewswire/ -- Renren Inc.
(NYSE: RENN) ("Renren" or the "Company"), which operates a leading
premium used auto business in China through its subsidiary Kaixin Auto
Holdings (NASDAQ: KXIN) as well as several U.S.-based SaaS
businesses, today announced that its chief financial officer, Mr.
Thomas Jintao Ren, is resigning from
his position at the Company for personal reasons, effective
January 17, 2020.
"We would like to thank Thomas for his valuable contributions to
our company over the years. We wish him all success in his future
endeavors," said Renren's chairman and chief executive officer, Mr.
Joseph Chen.
The Company intends to appoint a new chief financial officer in
due course.
The Company noted that there were no disagreements between Mr.
Ren and the Company and that his departure is not related to the
Company's operations, policies or practices or any issues regarding
the Company's accounting policies and practices.
About Renren Inc.
Renren Inc. (NYSE: RENN) operates a leading premium used
auto business in China through its
subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) as well as several
US-based SaaS business. Renren's ADSs, each currently
representing forty-five (45) Class A ordinary shares of the
Company, are traded 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.