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Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses

Happigo, 6/22/18

TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More

Rumor: Online Video Platform 'Mango TV' to Raise Series B

PE Daily, 11/16/15

Changsha-based Kuaile Yangguang Interactive Entertainment, operator of online video platform Mango TV, is reportedly undergoing its second round of funding and has solicited investments from various companies totaling RMB 20 bln, according to a source familiar with the matter, but the company will only choose a few investors to participate in this round. Read More

Rumor: Hunan TV's Online Video Platform Mango TV Lands RMB 1 Bln Series A

Sohu IT, 3/16/15

Mangguo TV (Mango TV), online video platform of Hunan Satellite TV and Hunan Broadcasting System operated by Kuaile Yangguang, has reportedly completed RMB 1 bln in Series A funding with China Mobile (NYSE: CHL; 0941.HK) as the primary investor, according to a source in investing circles. Read More

Rumor: Renren to Sell 56.com to Sohu

TechWeb, 10/21/14

According to an industry source, Beijing-based social networking site operator Renren (NYSE: RENN) will sell its online video platform 56.com to internet firm Sohu (Nasdaq: SOHU) for USD 12.90 mln. Read More

Rumor: Mango TV to Acquire 56.com

TechWeb, 7/30/14

According to an industry insider, Mango TV, the online video platform of Hunan Broadcasting System and Hunan Satellite TV, plans to acquire 56.com, the online video sharing site of Beijing-based social networking site operator Renren (NYSE: RENN). Read More

Mango TV to Regulate Internet TV Service Partners

Sohu IT, 7/17/14

Following recent initiatives launched by China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) to regulate China's internet TV integrated broadcast and control platforms, Mangguo TV (Mango TV), the online video platform of Hunan Broadcasting System and Hunan Satellite TV, has sent a letter to its cooperative partners (both platform operators and device manufacturers) with the following requests, to be completed by July 19: 1. Read More