Overview

Update
Status
Acquired by on September 26, 2011
Total Equity Funding
$30M in 2 Rounds from 6 Investors
Headquarters:
Guangzhou
Description:
56.com is a user-generated content (UGC) video-sharing website in China.
Founders:
Categories:
E-Commerce, Content, Video
Website:
http://www.56.com

Company Details

Update
Founded:
April 1, 2005
Employees:
2 in Crunchbase

56.com is a user-generated content (UGC) video-sharing website in China.

56.com hosts more than 80 million online videos, the majority of which is user-generated, followed by in-house productions. 56.com obtained its online video license from the State Administration of Radio and Television of China in December 2008.

56.com was the first online video site to provide video album services in China, and was also the first to offer the “Beauty Show” in China.

It has developed partnerships with clients such as Audi, Toyota, Coca Cola, McDonald, Nestle, and Nike.

In October 2011, 56.com was fully acquired by Renren Inc. and became a part of the Renren Group.

Funding Rounds (2) - $30M

Update
DateAmount / RoundValuationLead InvestorInvestors
Dec, 2007$20M / Series B6
Jun, 2007$10M / Series A2

Current Team (2)

Update

Products (1)

Update
  • 56.com was added to CrunchBase in 2007

Competitors (2)

Update
  • Chinese Social Network
  • Youku is a Chinese video-sharing website that enables users to search, view, and share high-quality video content across multiple devices.

Offices/Locations (2)

Update
  • 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

Past Team (1)

Update

Images (1)

Update

Add Acquisitions

Add Board Members and Advisors

Add Sub Organizations

Add Memberships

Add Customers

Add Partners

Portions of this content provided by

  • CTQuan

    Where smart startups meet smart investors.