Annual revenue of Moatable Inc. 2016-2022
In 2022, Moatable Inc, formerly Renren Inc, generated about 46 million U.S. dollars, which was only two-thirds of the size when its revenue peaked in 2018. Headquartered in Beijing for long, the company has gone through a major rebranding, selling off its social networking services businesses, and changed its company name in 2023. Its business focus has shifted from B2C internet to vertical B2B SaaS and used car business. As of the time of writing, the company, now based in Arizona, has not released its annual report for 2023.
