Renren’s monthly unique log-in users was about 35 million in September 2016, compared to 45 million in September 2015 with an decrease of 22% YoY. The login users’ monthly average time spent increased 17.5% year-over-year.
Renren.com and its Renren mobile application had approximately 238 million activated users as of September 30, 2016.
Renren reported total net revenues of US$17.9 million in Q3 2016, a 102.8% increase YoY. Advertising and IVAS net revenues were US$9.6 million, a 31.0% increase YoY. Internet Value-Added Services (IVAS) revenues were US$9.5 million, representing a 65.3% increase YoY. The increase was mainly due to the revenue from the new Renren mobile live streaming that started in the Q2 2016.
Renren’s gross profit was US$3.5 million in Q3 2016. Net loss attributable to Renren was US$22.8 million, compared to a net loss of US$73.1 million in the corresponding period in 2015.