56.com preparatory to the "video + SNS" mode of transition

September 9, sources said, 56. Com is preparing to "video + SNS" mode of transition. Allegedly, 56. Com to set up an independent research group, led personally by the CTO Yi Tan, from leasing office origin outside closed-door research and development of new products.

The community already rumors, I will give up music video sharing network services, other Internet business in transition. Music Network president Zhang Fuxing I have also seen that this rumor, saying "I will not give up music video network services."

June 3, I Lok network on the site announcement said, the system database upgrade, suspension related services. I music network has been suspended for a month-long, the industry had expressed a number of people, I Lok network because of its audit issue was closed down, suspended. However, I related to this music network has always denied.

56.com in December last year announced the success of the second round of financing 20 million U.S. dollars. By HIKARI Private Equity, Inc. (HPE) and Susquehanna International Group China (SIG) the lead investment. Adobe Systems Incorporated, CID Group and involved in the first round of investment in Sequoia Capital, Disney's Steamboat Venture also be involved in the 56. Com to the second round of investment.

Some analysts said that in my music gateway within 38 days of stopping, 56. Com has been planning to cope with this sudden crisis, in addition to investors and the good offices of the relevant bodies, how to regain the trust users and advertisers become a formidable task. Before the Olympic video industry with a collective clean-up and rectification, sounded like a form of video-sharing site content model of the alarm. Video sharing site because of my music network control, thus losing the first-tier video sites ability to compete.

Currently, 56. Com competitors who have access to video licence and announced a new round of financing, the net gifted cool financing to complete the third round of technical Total loans and 40 million U.S. dollars. Two months ago, potatoes network received 57 million U.S. dollars in financing.