Thursday, Hurray! Holding Co. Ltd. (HRAY) completed the previously announced merger with Ku6 Holding Ltd., following to the Share Purchase Agreement by and among Hurray!, Ku6 and the shareholders of Ku6 dated as of November 26, 2009. Following the completion of this merger, the Company appointed of Danian Chen and Shanyou Li to its Board, effective January 19, 2010.
Danian Chen served as chief operating officer of Shanda Interactive Entertainment Ltd. since April 2008 and as a director since 1999. Previously, he served as Shanda's director of products, vice president, senior vice president, and executive senior vice president.
Shanyou Li is the Founder and Chief Executive Officer of Ku6. From 2000 to 2006, Li served in various senior management positions with Sohu.com. Prior to that, he worked for Motorola, Alcoa Group and Bausch & Lomb.
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