Information from it house news, 16 march, has announced today the acquisition of the zol central gate village online at a cost of approximately rmb 1. 5 billion, of which 30 per cent is paid in cash and the remaining 70 per cent is paid through shares such as the distribution of the network。
It is understood that hyeung's online acquisition of china guan village includes a number of assets such as the main domain name: www. Zol. Com. Cn (china guan village online), www. Zol. Com (china guan village business city) and www. Ea3w. Com (web of the man-way)。
Hyeung was established in 1992 as a domestic b2b e-commerce service provider. In december 2003, hyeung international was listed in hong kong as the first company to be listed in the domestic information services and b2b e-commerce services. Hyeung is now divided into three independent companies, namely, industry companies, e-commerce companies and market research companies。
China guan village online was founded in march 1999 by beijing 800 million time and space technology ltd. And sold to cnet media group in the united states in 2004 for $100 million. In mid-2008, the online and parent company cnet was bought and acquired by the world's largest broadcasting group, the colombian broadcasting group (cbs), at a cost of $1. 8 billion, and merged into the new united states broadcasting group interactive media corporation (cbs) (known as cbsi). In january this year, liu xiaodong, senior vice-president of cbsi, confirmed that the closing village online in the vertical portal would be independent from the cbsi group。
Lee would like to comment that when we first started a business, zol was the biggest rival of the pcop. Ten years ago, huge competitive pressure forced us to move to a car house。
