Renren Inc is in the business of internet finance and operates a social networking internet platform. The company's social networking internet platform enables users to connect and communicate with each other, share photos and enjoy a wide range of other features and services. Renren operates through two business segments namely Renren and Internet finance. The Renren segment focuses on online advertising and Internet value-added services (IVAS). The Internet finance segment provides credit financing to used automobile dealers and it also provides credit financing through Renren Fenqi, an online platform, to college students in China through the form of payment by installments.