56.com, subordinating to Guangzhou Qianjun Internet Technology Co. Ltd,was founded in April 2005. With its focus on UGC (user generated content) andentertainment, 56 has been devoting to satisfying users’ entertainment demands.56 has become the most prevalent entertainment video-sharing media among youngpeople in China.
56’s extensive UGC library has made us the top choice for internet userswho upload and share their original videos both on computer and mobile devices.Actually our Apps on Android and IOS operating system make the video sharingand uploading more convenient than ever before. Besides the UGC, thehigh-quality original contents, such as the original in-house videos, shortfilms and PGC (professional generated content), are also the advantage thatmakes us the favorite video-sharing website in China. At present, the “56Premiere” and the “College Image force” have been proved to be the mostrenowned broadcasting platforms for all original short films in the industry.
As a leading UGC website, we always encourage users to create and sharevideos on our platform to show themselves and make friends. 56’s numerouspartnerships with the prevalent Chinese social networks like Sina Weibo,Renren, and QZone have made it much easier to satisfy users’ social demands.
Since inception, 56’s has received investments from venture capital firmsincluding Sequoia Capital, Steamboat Ventures, CID Group, and SIG. In October2011, 56.com was fully acquired by Renren Inc. and became an important part ofthe Renren Group.