Renren to buy U.S. trucking social platform Trucker PathStaff Writer | December 30, 2017
Renren announced that it has entered into a definitive agreement to acquire 100% of Trucker Path, a provider of a social platform for the trucking industry in the United States.
Acquisition More than 600,000 monthly active users
It helps truckers find truck stops, available parking spots, rest areas, scales, open DOT weigh stations, truck washes and more.
Expanding on the success of the Trucker Path app, Trucker Path also introduced the Truckloads app, a mobile marketplace providing freight load matching with over 3 million loads posted monthly.
At present, Trucker Path has more than 600,000 monthly active users covering more than 33% of all U.S. long haul truck drivers and maintains steady organic growth. For Renren'sglobal business, the acquisition of Trucker Path means an entry into the transportation sector.
Going forward, Renren will continue exploring breakthroughs in this space, whether in intelligent transportation solutions or in autonomous vehicles. ■