China social network website released first quarter report: net loss of $ 3.1 million


Chinese social networking site (NYSE Stock Code: RENN) on Monday announced the company’s unaudited financial results for the first quarter ended March 31, 2013. Results showed that Renren’s first quarter total net revenues reached $ 46.6 million, an increase of 45.2%; net loss of $ 3.1 million better than net loss of $ 13.6 million in the same period last year.

As of March 31, 2013, total number of active users reached 184 million, higher than the year ended March 31, 2012, which was about 154 million people. The average monthly active users raised to 57 million in March 2013 from some 40 million people in March 2012.

Source: 腾讯科技(

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