{"id":398534,"date":"2020-12-11T20:03:07","date_gmt":"2020-12-12T01:03:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398534"},"modified":"2020-12-11T20:03:07","modified_gmt":"2020-12-12T01:03:07","slug":"renren-announces-appointment-of-new-auditor","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/","title":{"rendered":"Renren Announces Appointment of New Auditor"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BEIJING<\/span>, <span class=\"xn-chron\">Dec. 11, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Renren Inc.\u00a0(NYSE: RENN) (&#8220;Renren&#8221; or the &#8220;Company&#8221;), which operates a premium used auto business in\u00a0China\u00a0through its subsidiary\u00a0Kaixin Auto Holdings\u00a0(NASDAQ: KXIN) as well as several U.S.-based SaaS businesses, today announced the appointment of\u00a0Marcum Bernstein &amp; Pinchuk LLP\u00a0(&#8220;MarcumBP&#8221;) as its independent registered public accounting firm, effective\u00a0December 9, 2020. <\/p>\n<p>The appointment of MarcumBP was made after a careful and thorough evaluation process and has been approved by\u00a0Renren&#8217;s\u00a0board and audit committee. <\/p>\n<p>MarcumBP will replace\u00a0KPMG Huazhen LLP\u00a0(&#8220;KPMG&#8221;) as\u00a0Renren&#8217;s\u00a0independent registered public accounting firm. Renren&#8217;s\u00a0decision to change its auditor was not the result of any disagreement between\u00a0Renren\u00a0and\u00a0KPMG\u00a0on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.<\/p>\n<p>\n        <b>About\u00a0Renren Inc.<\/b>\n      <\/p>\n<p>Renren Inc.\u00a0(NYSE: RENN) operates a premium used auto business in\u00a0China\u00a0through its subsidiary\u00a0Kaixin Auto Holdings\u00a0(NASDAQ: KXIN) as well as several US-based SaaS businesses.\u00a0Renren&#8217;s\u00a0American depositary shares, each of which currently represents forty-five (45) Class A ordinary shares, trade on\u00a0NYSE\u00a0under the symbol &#8220;RENN&#8221;.<\/p>\n<p>\n        <b>Safe Harbor Statement<\/b>\n      <\/p>\n<p>This announcement contains forward-looking statements. These statements are made under the &#8220;safe harbor&#8221; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#8220;will,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;estimates&#8221; and similar statements.\u00a0Renren\u00a0may also make written or oral forward-looking statements in its filings with the\u00a0U.S. Securities and Exchange Commission\u00a0(the &#8220;SEC&#8221;), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about\u00a0Renren&#8217;s\u00a0beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in our annual report on Form 20-F, the 6-K referred to above and other documents filed with the\u00a0SEC. All information provided in this press release is as of the date of this press release, and\u00a0Renren\u00a0does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN20792&amp;sd=2020-12-11\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/renren-announces-appointment-of-new-auditor-301190906.html\">http:\/\/www.prnewswire.com\/news-releases\/renren-announces-appointment-of-new-auditor-301190906.html<\/a><\/p>\n<p>SOURCE  Renren Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN20792&amp;Transmission_Id=202012112000PR_NEWS_USPR_____CN20792&amp;DateId=20201211\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BEIJING, Dec. 11, 2020 \/PRNewswire\/ &#8212;\u00a0Renren Inc.\u00a0(NYSE: RENN) (&#8220;Renren&#8221; or the &#8220;Company&#8221;), which operates a premium used auto business in\u00a0China\u00a0through its subsidiary\u00a0Kaixin Auto Holdings\u00a0(NASDAQ: KXIN) as well as several U.S.-based SaaS businesses, today announced the appointment of\u00a0Marcum Bernstein &amp; Pinchuk LLP\u00a0(&#8220;MarcumBP&#8221;) as its independent registered public accounting firm, effective\u00a0December 9, 2020. The appointment of MarcumBP was made after a careful and thorough evaluation process and has been approved by\u00a0Renren&#8217;s\u00a0board and audit committee. MarcumBP will replace\u00a0KPMG Huazhen LLP\u00a0(&#8220;KPMG&#8221;) as\u00a0Renren&#8217;s\u00a0independent registered public accounting firm. Renren&#8217;s\u00a0decision to change its auditor was not the result of any disagreement between\u00a0Renren\u00a0and\u00a0KPMG\u00a0on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. About\u00a0Renren Inc. Renren Inc.\u00a0(NYSE: RENN) operates a premium &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Renren Announces Appointment of New Auditor&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398534","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renren Announces Appointment of New Auditor - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renren Announces Appointment of New Auditor - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BEIJING, Dec. 11, 2020 \/PRNewswire\/ &#8212;\u00a0Renren Inc.\u00a0(NYSE: RENN) (&#8220;Renren&#8221; or the &#8220;Company&#8221;), which operates a premium used auto business in\u00a0China\u00a0through its subsidiary\u00a0Kaixin Auto Holdings\u00a0(NASDAQ: KXIN) as well as several U.S.-based SaaS businesses, today announced the appointment of\u00a0Marcum Bernstein &amp; Pinchuk LLP\u00a0(&#8220;MarcumBP&#8221;) as its independent registered public accounting firm, effective\u00a0December 9, 2020. The appointment of MarcumBP was made after a careful and thorough evaluation process and has been approved by\u00a0Renren&#8217;s\u00a0board and audit committee. MarcumBP will replace\u00a0KPMG Huazhen LLP\u00a0(&#8220;KPMG&#8221;) as\u00a0Renren&#8217;s\u00a0independent registered public accounting firm. Renren&#8217;s\u00a0decision to change its auditor was not the result of any disagreement between\u00a0Renren\u00a0and\u00a0KPMG\u00a0on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. About\u00a0Renren Inc. 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The appointment of MarcumBP was made after a careful and thorough evaluation process and has been approved by\u00a0Renren&#8217;s\u00a0board and audit committee. MarcumBP will replace\u00a0KPMG Huazhen LLP\u00a0(&#8220;KPMG&#8221;) as\u00a0Renren&#8217;s\u00a0independent registered public accounting firm. Renren&#8217;s\u00a0decision to change its auditor was not the result of any disagreement between\u00a0Renren\u00a0and\u00a0KPMG\u00a0on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. About\u00a0Renren Inc. Renren Inc.\u00a0(NYSE: RENN) operates a premium &hellip; Continue reading \"Renren Announces Appointment of New Auditor\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-12T01:03:07+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN20792&amp;sd=2020-12-11","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Renren Announces Appointment of New Auditor","datePublished":"2020-12-12T01:03:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/"},"wordCount":382,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN20792&amp;sd=2020-12-11","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/renren-announces-appointment-of-new-auditor\/","name":"Renren Announces Appointment of New Auditor - 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