56.com is one of the largest video sharing websites in China , where users can upload, view and share video clips .
A fully owned subsidiary of Sohu , the company is headquartered in Tianhe District , Guangzhou , Guangdong . [4]
The domain 56.com attracted at least 3.2 million visitors annually by 2008 according to a Compete.com survey. [5]
Access to the Chinese online video provider was suspended since 18:00 on June 3, 2008. 56.com made an explanation at 10:00 on June 4, 16 hours after the website was stopped, and said that the website The service was very good and the service was very good. Some media, such as Hexun.com and Sina.com , reported that as 56.com had frequently violated government regulations with its video content, it had to be given a warning by the government and might be closed for a few days. However, this was denied by 56.com. By July 11, 2008, 56.com was back and operational. [6]
On December 31 2014, Sohu had reached a deal with compatriot social networking site operator Renren to acquire the 56.com. According to a source familiar with the deal, Sohu paid USD 25 million for 56.com. [7]
See also
- QQ Video
- Baidu Space
- Tudou
- Youku
- Internet in China
References
- Jump up^ “Video Sharing Site 56.com Reportedly Receives $ 10 Million in Venture Funding”, RedlineChina, June 15, 2007.
- Jump up^ “56.com – Site Information from Alexa”, Alexa, June 24, 2008.
- Jump up^ “56.com Site Info” . Alexa Internet . Retrieved 2015-02-17 .
- Jump up^ “Contact us” . Official website of 56.com (in Chinese) . Retrieved 5 May 2015 .
- Jump up^ [1]
- Jump up^ “Chinese YouTube 56.com Returns To Living”, Silicon Alley Insider, July 11, 2008.
- Jump up^ 正式 宣布 收购 收购 56 网 _ 科技 _ 网 网 ” . Tech.qq.com . Retrieved 2015-10-16 .