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Rumor Update: Sohu Video to Acquire 56.com

DoNews, 10/31/14

In an internal company email, Chinese internet firm Sohu (Nasdaq: SOHU) revealed that it has reached a deal with Beijing-based social networking site operator Renren (NYSE: RENN) to acquire Renren's online video platform 56.com. Read More

Rumor: Renren to Sell 56.com to Sohu

TechWeb, 10/21/14

According to an industry source, Beijing-based social networking site operator Renren (NYSE: RENN) will sell its online video platform 56.com to internet firm Sohu (Nasdaq: SOHU) for USD 12.90 mln. Read More

Rumor: Mango TV to Acquire 56.com

TechWeb, 7/30/14

According to an industry insider, Mango TV, the online video platform of Hunan Broadcasting System and Hunan Satellite TV, plans to acquire 56.com, the online video sharing site of Beijing-based social networking site operator Renren (NYSE: RENN). Read More

Rumor: Baidu to Acquire Renren Assets

TechWeb, 10/22/13

According to an industry insider, Chinese internet company Baidu (Nasdaq: BIDU) has reached a deal to acquire a package of assets from Beijing-based social networking site operator Renren (NYSE: RENN). Read More

Rumor: Baidu in Talks to Acquire Ku6, 56.com 

DoNews, 10/16/13

According to a knowledgeable source, Chinese internet company Baidu (Nasdaq: BIDU) is currently involved in discussions to acquire Shanda Interactive's online video subsidiary Ku6 (Nasdaq: KUTV). Read More

Renren Establishes Wireless Division

TechWeb, 1/17/13

Beijing-based social networking site operator Renren (NYSE: RENN) announced today that it will consolidate its R&D teams and establish an independent wireless division as part of adjustments to the company's organizational structure and business divisions. Read More

Renren Acquires Online Video Site 56.com

PR Newswire Asia, 9/27/11

Beijing-based social networking site operator Renren (NYSE: RENN) today announced it has entered into a definitive agreement to wholly acquire Chinese online video site 56.com for USD 80 mln. Read More

Shanda Tuita Registered Users Surpass 100K

DoNews, 6/29/11

At noon on June 28, Chinese online media provider and game operator Shanda Interactive (Nasdaq: SNDA) opened its new rich microblogging service Tuita to the public. Read More

Shanda's Sunshine Media Sues 56.com

DoNews, 12/07/10

Sunshine Media, the video licensing and distribution subsidiary of Chinese internet company Shanda Interactive (Nasdaq: SNDA), said today that it plans to bring suit against Chinese SNS 56.com over unauthorized repostings and rebroadcasts of 148 television series and films to which Sunshine Media owns exclusive online rights. Read More

Shanda to Sue Video Sites for RMB 100 Mln

Sina Tech, 5/06/10

Sunshine Media, the video licensing and distribution subsidiary of Chinese internet company Shanda Interactive (Nasdaq: SNDA), has announced that it will sue Chinese video sites Youku, Tudou, 56.com and Zhejiang Haoying Network (operator of Pipi.cn), seeking RMB 100 mln in total compensation, for hosting content from the television drama Three Kingdoms without authorization.Read More