Renren Xiaozhan Light Blogging Service Officially Launched

BEIJING, Sept. 7, 2011 /PRNewswire-Asia/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), China's leading real-name social networking internet platform, announced today the official launch of Renren Xiaozhan (zhan.renren.com), a light blogging service that further expands the Company's array of social networking offerings.  

Renren Xiaozhan, which means "station" in Chinese, offers innovative ways for users to communicate and share videos, music, photos, and other social content. As the light blogging extension of Renren.com's social networking services, Xiaozhan is tailored towards white collar professionals. Users have instant access to a broad spectrum of interest groups, including photography, fashion, travel, design, movies, among others. Xiaozhan blogs can be easily customized for creative multimedia posts which allow users with common interests to identify each other and share content, generating new social networking relationships.

Concurrent with the launch of Renren Xiaozhan, Renren has also formed strategic partnerships with a number of leading market players, including Xinhua Ruide (a subsidiary of Xinhua News Agency), the British Embassy in Beijing, TRENDS Media Group, New World Department Store China and China Portrait Photography Society. These business partners will contribute their rich content and bring in their friends and fans to further expand Xiaozhan's diversified interest groups.

"As China's internet space keeps evolving, social networks will continue to play an integral role in how people express themselves, communicate with each other, and stay connected. The launch of Renren Xiaozhan is another important step we have made to further engage our users with enriched social content offerings," said Mr. James Liu, Chief Operating Officer of Renren.

About Renren Inc.

Renren Inc. (NYSE: RENN) operates the leading real name social networking internet platform in China. It enables users to connect and communicate with each other, share information and user generated content, play online games, listen to music, shop for deals and enjoy a wide range of other features and services. Renren's platform includes the main social networking website Renren.com, the online games center game.Renren.com, the social commerce website nuomi.com, and the newly launched professional and business social networking service website jingwei.com. Renren had approximately 124.2 million activated users as of June 30, 2011.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from Renren's management in this announcement, contain forward-looking statements. Statements that are not historical facts, including statements about Renren's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These risks, uncertainties and other factors that may affect the Company's results of operations are summarized in the Company filings or submission the Company made and available on the website of the United States Securities and Exchange Commission at www.sec.com.

SOURCE Renren Inc.