Company Overview

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Status:
Acquired by Renren Inc.
Founded:
April 1, 2005
Founders:
Juan Zhou
Headquarters:
Guangzhou
Funding:
$30M
Categories:
Photography
Description:
56.com is a Chinese video sharing platform enabling users to upload, view and share video clips and photos.

Detailed Description

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56.com is a leading user generated content (UGC) video-sharing website in China. The vision of having users post and share their life experiences online through video format has consistently been the core focus of 56.com.

56.com hosts more than 80 million online videos, the majority of which is user generated, followed by in-house productions. In December of 2008, 56.com obtained the online video license from the State Administration of Radio and Television of China. 56.com was the first online video site to provide Video Album service in China and was also the first to offer the popular “Beauty Show” in China.

56.com has developed numerous partnerships with world famous clients such as Audi, Toyota, Coca Cola, McDonald, Nestle, and Nike. Since inception, 56.com has received investments from venture capital firms including Sequoia Capital, Steamboat Ventures, CID Group, and SIG.In October 2011, 56.com was fully acquired by Renren Inc. and became a part of the Renren Group.

Current Team (2)

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Past Team (1)

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Funding Rounds (2) - $30M

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Products (1)

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  • Bwtap2agm0u8h2vci6l5

    56.com

    56.com was added to CrunchBase in 2007

Investors (6)

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  • 2cd912e176145af3618549d60b7959a1

    Adobe Systems

    Adobe is an American multinational computer software company that provides digital marketing and...
  • 4b36ee4d91c897cc89ea809365d4e0f4

    CID Group

    Integrating Global Resource
  • 4e9bfe4651cb06ffd147427756cb09ba

    Hikari Tsushin Group

    Hikari Private Equity Inc. (“HPE”), , a wholly owned subsidiary of HAM, sets up venture funds...
  • 60f17e72ed66cd6d77d7f49699f2e09c

    Sequoia Capital

    Venture Capital
  • 5181f7e107edfb5e77e2fc5936c0b1d3

    Steamboat Ventures

    Steamboat Ventures is venture capital firm affiliate of The Walt Disney Company. They invest in...
  • A0351d6dee46fe4fe338e7fd81961414

    SIG

    Since its inception in 1987, the Susquehanna International Group of Companies (SIG)* has grown...

Offices/Locations (2)

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  • Office

    No. 26 Xiaoyun Road, Chaoyang District

    Eagle Tower A 32

    Beijing, 100016

    CHN

  • Office

    Jianzhong Road, Tianhe District

    No. 36 Yu Kiu Commercial Building, 8th Floor

    Guangzhou, 510665

    CHN

Competitors (2)

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  • 3fee5b78530898987560c03e3e4ab429

    CityIN

    Chinese Social Network
  • Ea72d4f7db37659eb35b4c883e3abfea

    Youku

    Youku is a Chinese web streaming video service.

Images (1)

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  • 89c70e0c197229bdd1d77e80b43d3493

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