Renren Inc.
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ROIC.AI
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- Renren Inc. Renren Inc. (NYSE: RENN), formerly known as Oak Pacific Interactive and rebranded to Moatable, Inc. in June 2023, operates as a Cayman Islands-incorporated holding company focused on incubating, acquiring, and developing vertical software-as-a-service (SaaS) businesses primarily targeting U.S. markets; its core offerings include Chime Technologies, Inc., an all-in-one CRM, sales acceleration, lead generation, marketing automation, IDX websites, and AI-driven client lifecycle management platform for real estate professionals; Trucker Path, Inc., a suite of mobile applications, dispatch services, trip planning, navigation, and operations tools for commercial truck drivers and the North American trucking industry; and Rentancy, a bookkeeping and property management software solution for landlords and property managers. The company, founded in 2002 and headquartered in Phoenix, Arizona, with historical roots in Beijing, China, has divested its original social networking services (SNS), used car operations, online games, and social commerce segments over the past decade to pivot fully to a B2B SaaS model serving multi-million-participant industries. Recent major changes encompass the June 2023 name change to Moatable, Inc. and ticker shift from RENN to MTBL (with RENN later referenced in some trading contexts), alongside ongoing SaaS expansions such as Q3 2025 revenue growth of 22% to $20.4 million driven by segment performance, a delayed Q2 2025 10-Q filing, plans to acquire The Letting Partnership for property management enhancement, and a software license agreement to bolster driver-centric trucking services.
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