56.com

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. The domain 56.com attracted at least 3.2 million visitors annually by 2008 according to a Compete.com survey. 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.

56.com

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. The domain 56.com attracted at least 3.2 million visitors annually by 2008 according to a Compete.com survey. 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.