CNET Acquires Chinese Site 55bbs.com

This story was written by Rafat Ali.
CNET (NSDQ: CNET) Networks, in the process of being bought by CBS Corp (NYSE: CBS). is buying Beijing-based 55BBS, a lifestyle and shopping website, for an undisclosed sum. This comes amidst rumors about CNET rethinking its Chinese portfolio, and possibly even disposing it off as part of the CBS transaction.

55BBS was established in May, 2004. It is a lifestyle and consumer information providing website and covers shopping, food, personal health, marriage, travel, and other lifestyle content. The Chinese language release is here.


By Rafat Ali
  • CBSNews

Comments

CBSN Live

pop-out
Live Video

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.