Renren.com To Acquire 56.com For USD80 Million
Chinese social networking site Renren.com has announced plans to acquire the entire stake in 56.com, a Chinese video website, for USD80 million in cash.
Asia's Booming Mobile, Games, Internet & Software Industries
Chinese social networking site Renren.com has announced plans to acquire the entire stake in 56.com, a Chinese video website, for USD80 million in cash.