The Chinese startup behind the social sharing platform JiaThis has revealed that it has acquired the very young social commenting service Uyan in a bid to consolidate its lead as the biggest indie service of this kind.
Websites that use JiaThis – which range from Yahoo China to state news agency Xinhua, among over half a million other mostly Chinese websites – can put an array of social buttons or ‘share counters’ on their sites (or just the signature JiaThis green-and-white cross) to allow readers to quickly share an article on numerous social networks. The buttons feature the likes of Weibo and Renren (NYSE:RENN) as well as global sites such as Instapaper and Facebook.
Today, the Chinese tech site 36Kr reports that Jiathis acquired Uyan.cc back in October, but has only just gone public today with the news. No financial details were given, but 36Kr is guessing that Uyan would be worth between one million and five million RMB (US$159k to $794k). The startup had previously raised $100,000 in funding, and its service was soon in use on over 6,000 websites. Uyan’s Disqus-like commenting system (pictured below), which will eventually be added to JiaThis’ feature set. Furthermore, the smaller startup’s two founders will join JiaThis is due course.
This is what JiaThis has acquired - the Uyan.cc social commenting system.
JiaThis has some big-hitting competition from Baidu (NASDAQ:BIDU), the country’s home-grown search engine, which has a similar platform of its own called ‘Baidu Share.’
Check out JiaThis on its homepage or see the service in action on all the posts at the source link below.
[Source: 36kr - article in Chinese]