China Campus Driven Online Communities Consolidate
Filed in archive Mergers and Acquisitions by james on October 28, 2006

Xiaonei, which means "on campus," will merge with OPI's own collegiate social network site, 5Q. The combined entity will take its place beside other OPI properties, including the entertainment portal Mop.com, news site DoNews.com, YouTube clone UUMe.com, and classified ads provider RenRen.com."
This announcement comes at a time when Chinese companies are offering digital content sharing features and many difference channels for online community
services. It appears that there is no shortage of willing Silicon Valley VCs throwing their funds into these community online services, despite that very few have a clear idea of how or if they will ever make any money.Sound familiar.
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