All the company announced it will all eligible shareholders per common share cash

dividend 0.6125 dollars, equivalent per American Depositary Share 9.1875

(ADS) dollars, the total dividend amount will reach about 1.343 billion US dollars,
representing a payout After that, the stock price was adjusted from US$ 10 to US$ 1 and
then it surged to US$ 1.8.
Everyone companies and 6 Yue 19 released the company ended 2018 Nian 3 Yue 31 the first
day of the quarter unaudited financial statements. According to the financial report,
Renren’s total net revenue for the first quarter was US$140.5 million, an increase
of 570% over the same period of last year ; the net loss attributable to the company
was US$ 41.6 million, and the net loss for the same period of the previous year
was US$ 16.2 million.
According to the quarterly report of Renren.com, its net operating income in the
first quarter of 2018 was US$ 140.5 million, a year-on-year increase of 570% , and a
loss of US$ 41.6 million, an increase of 157% from a loss of US$ 16.2 million in
the same period last year . The net operating income from Internet value-added
services and other services was US$ 14.7 million, an increase of26.5% compared to the
same period in 2017 ; the net operating income from Internet banking business
was US$ 2.2 million, a drop of 76.4% from the same period in 2017 .
The U.S. stocks investment network learned that the current people are mainly
based on high-end used car retail business, including SaaS business, everyone's live
broadcast business blessing. It is reported that Renren’s net revenue growth
of 570% over the same period was mainly attributable to the used car sales business
launched in 2017 .
It is not difficult to see that Renren once had its core competitiveness—network
socialization has become more marginalized, and second-hand car business has
dominated. In fact, Renren’s used car business has been at the top of the list since
the second quarter of 2017 .
It is reported that Renren's operating income in 2017 was 202.1 million U.S.
dollars, including Internet value-added and other business revenues of 51.7 million
U.S. dollars, and used car business revenues of 121 million U.S. dollars, accounting
for 59.9% of the total revenue . As of the end of March 2018 , sales of used cars for
all were US$ 123.6 million, accounting for an increase from 59.9% to 86.12%.
It is worth noting that now that everyone has opened the home page of Renren, it
is no longer the status and photos posted by alumni and friends. It is replaced by
live video of some strangers. In fact, Renren’s net value-added services and other
business operations’ net operating income was US$ 14.7 million, a 26.5% year-on-year
increase due to the increase in the revenue generated by everyone’s live broadcast.