34. Mochi Media Inc

Headquarters: San Francisco, United States (formerly)
Bought By: 
Shanda Games Ltd
Headquarters: Shanghai, China

At the peak of its success, Mochi Media was welcoming 140 million monthly users to its website to play a host of games. Rather than catering to the serious gamer, Mochi had many little bitesize activities for users to enjoy. It was owned by Shanda Games, founded by Chen Tianquao, Chrissy Luo, and Chen Danian.

Mochi Media Inc ©Wikipedia.org

Sadly, even with the backing of Shanda Games, Mochi couldn’t compete with the ever-changing market and began to close down in 2014. The website is no longer in operation, much to the chagrin of fans that loved what it had to offer.

35. LendingClub Corp

Headquarters: San Francisco, California
Bought By: 
Shanda Group
Headquarters: Singapore

Peer-to-peer lending company LendingClub is a leader in its field, but like any other big business, it’s had its ups and downs. In 2016, stock had plummeted. Chinese billionaire Chen Tianqiao thought it would be the perfect opportunity to make an investment.

LendingClub Corp @PConfidential / Twitter.com

As the head of the Shanda Group, Tianqiao decided to buy close to 12% of the company. In a released statement, Shanda said it was “positive on its long-term prospects as (LendingClub) continues to evolve and refine its business.” In total, the Chinese group spent over $148 million on 29 million LendingCulb shares.