Hong Yi Investment or joint suning acquisition PPLive officials did not comment

October 28 Morning News, Sina technology from reliable sources learned that Lenovo holdings of Hong-Yi investment will be combined with Su ning to buy pplive. Hong Yi holds a 1.34% per cent stake in the Suningyun business. The official declined to comment on the news.

Suningyun Group announced today that the company intends to disclose major issues, and therefore applied for a temporary suspension of business from today's opening. Sina Science and technology learned that Suning will be announced today to buy PPLive case. Since the middle of this year, pplive acquisition of a number of rumors, the intention of the acquisition party, including Alibaba, Hunan satellite TV and Suningyun business.

Su Ning eventually joined with another organization to win the PPLive. According to reliable sources, the other side of the PPLive acquisition is indeed Hong Yi investment.

July 2012, Hong Yi Investment has 12.15 yuan/share price of 1.2 billion yuan to participate in Suning's directional additional. Suningyun's financial data show that Hong Yi currently holds a 1.34% per cent stake in the former. Therefore, the possibility of Hong Yi participating in the PPLive acquisition is indeed greater.

Suning Group began to transform the Internet this year, and through the acquisition of red children to accelerate their own offline business transformation. Suning acquisition pplive may be in the future of video shopping and digital spending to pave the ground. For the hardware-oriented Lenovo Group, the acquisition of PPLive such a video platform, may be able to provide content support for their own hardware.