Document:

Equity Interest Pledge Agreement

 Exhibit 10.78 
 English Translation of Chinese Language Agreement 
 Equity Interest Pledge Agreement 

 Pledgor: Pypo Holdings (HK) Company Limited, a Hong Kong incorporated holding company whose registered office is at
48th Floor, Bank of China Tower, 1 Garden Road, Central, Hong Kong. Legal
Representative: Kam Yuen. Title: Director. Nationality: People’s Republic of China (“PRC”). 
 Pledgee: NEDERLANDSE
FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGS LANDEN N.V., a Netherland incorporated company having its registered office at Anna van Saksenlaan 71, 2593 HW, The Hague, The Netherlands. The authorized representatives of the Pledgee of this
cooperation are T.F.BAKELS, Manager of the Private Equity Department, and S.E.L.LEIJTEN, Manager of Legal Department of Finance Business, both Netherlandar. 
 The Pledgor and the Pledgee are each hereinafter referred to individually as a “Party” and collectively as the “Parties”. 
 WHEREAS: 
  

	1.	The Pledgor and the Pledgee have entered into the Term Facility Agreement dated January 30, 2009, pursuant to which the Pledgee has agreed to make loans of EUR 15,000,000 to
the Pledgor (the “Term Facility Agreement”). 

	2.	BEIJING PYPO TECHNOLOGY GROUP COMPANY LIMITED is a PRC registered wholly foreign owned company, whose registered office is at South Wing of the Main Building, Building 15, Zhongli,
Cuiwei Community, Wanshou Road, Haidian District, Beijing, PRC (“Pypo Beijing”). The Pledgor has wholly contributed and holds the registered capital of Pypo Beijing in the amount of RMB 700,000,000, which represents 100% of the registered
capital of Pypo Beijing. 

	3.	The Pledgor desires to pledge all of its equity interest in Pypo Beijing in favour of the Pledgee to secure the performance of the obligations under the Term Facility Agreement.

 NOW THEREFORE, through mutual consultation, the Parties agree to the following with respect to the equity interest pledge by the Pledgor as
a security method: 
 Article 1 The subject matter of this pledge shall be the 100% equity interest of Pypo Beijing held by the Pledgor, representing
contributed capital of Pypo Beijing in the amount of RMB 700,000,000, which, as at the date hereof, accounts for 100% of the registered and contributed capital of Pypo Beijing. The creditor’s rights secured by such equity interest pledge shall
be EUR15,000,000 (the “Secured Creditor’s Rights”). 
 Article 2 The term of the equity interest pledge hereunder shall be from the
date when the equity interest pledge hereunder is established to the date when the Secured Creditor’s Rights is fully discharged. 
 Article 3
The Pledgor shall obtain the written consent of the board of directors of Pypo Beijing with respect to the equity interest pledge hereunder and shall apply for approval of such equity interest pledge 

  

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with the competent approval authorities and register such equity interest pledge with the competent registration authorities. The Pledgee shall make
available the loan of EUR 15,000,000 to the Pledgor within 10 days after the equity interest pledge is approved by the competent approval authorities. 
 Article 4 The Pledgee shall have the right to dispose the equity interest pledged hereunder to the extent permitted by the applicable laws if any of the following occurs, and the proceeds and interests from such disposition shall be
first applied to discharge the Secured Creditor’s Rights: 

	(1)	The Pledgor does not pay the principal, interests and/or other expenses on the due date; 

	(2)	The Pledgor is announced to be dissolved, liquidated or bankrupt; 

	(3)	The Pledgor has conducted any other act which has violated any provisions of this agreement and resulted in any losses to the Pledgee. 

 Article 5 During the term of the pledge hereunder, the Pledgor shall be entitled to all the dividends, interests and other capitals, as well as all the rights
associated with the pledged equity interest. All the obligations, liabilities and risks in connection with the pledged equity interest shall also be assumed by the Pledgor. 
 Article 6 Any amendment or supplement to this agreement between the Parties shall be approved by the competent approval authorities and registered with the competent registration authorities. 
 Article 7 Any non-performance of this agreement by either Party will constitute the breach of this agreement. The breaching Party shall assume the liabilities for
breach of this agreement and compensate any losses incurred by the non-breaching Party. If the Pledgor is in breach of this agreement, to the extent permitted by applicable laws, the Pledgee may auction, sell or transfer the pledged equity interest
or any part of it and shall be entitled to apply the proceeds of such auction, sale or transfer to discharge the Secured Creditor’s Rights. After the pledged equity interest has been auctioned, sold or transferred, any portion of the proceeds
that exceeds the amount of the Secured Creditor’s Rights shall be owned by the Pledgor and any shortfall shall be repaid by the Pledgor if the proceeds are less than the Secured Creditor’s Rights. If the Pledgee fails to provide the loan
of EUR 15,000,000 after 60 days following the date stipulated by Article 3 of this agreement, the Pledgor shall have the right to terminate this agreement and the Pledgee shall, at the request of the Pledgor, execute all legal documents to release
the equity interest pledge hereunder and cooperate with the Pledgor to apply for the competent approval authorities’ approval to release such pledge. 
 Article 8 After the full discharge of the Secured Creditor’s Rights, the Pledgee shall, at the request of the Pledgor, execute all documents and do all other things to release the equity interest pledge hereunder. 
 Article 9 After the effectiveness of this agreement, all amendment or termination of this agreement shall be made through mutual consultation between the Parties
in the form of written agreement. If either Party violates any provisions of this agreement, it shall compensate any and all losses incurred by the other Party therefrom. 
 Article 10 The governing law of this agreement shall be the PRC law. 
  

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 Article 11 Both Parties agree that any dispute arising from or relating to this agreement shall be submitted to
the competent court of the place where Pypo Beijing resides. 
 Article 12 This agreement shall become effective upon being duly executed and sealed
by both Parties and approved by the competent approval authorities. 
 [Signature page follows. Remainder of this page intentionally left
blank.] 
  

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 IN WITNESS WHEREOF, this agreement has been executed by and among the Pledgee, Pledgor and the company on the date first
written above. 
  

					
	PLEDGOR	  	)	  	
			
		  	)	  	
	 EXECUTED by
	  	)	  	
	its director Fei Dongping	  	)	  	
	 PYPO HOLDINGS (HK) COMPANY
 LIMITED
	  	)	  	/s/ Fei Dongping
	  		  	 
	  	)	  	Signature

  

			
	In the presence of
		
	Signature of witness:	 	/s/ Gao Min
		 	 
	Name of witness:	 	Gao Min

  

					
	PLEDGEE	  	)	  	
			
		  	)	  	
	 EXECUTED by the
	  	)	  	
	 authorised signator(ies) of
	  	)	  	
	 NEDERLANDSE FINANCIERINGS-
 MAATCHAPPIJ VOOR
 ONTWICKELINGSLANDEN N.V.
	  	)	  	Manager Private Equity
	  	)	  	/s/ T.F. Bakels
	  		  	 
	  	)	  	Signature(s)
			
		  		  	/s/ S.E.L. Leijten
		  		  	 
		  		  	Manager Legal Affairs Finance

  

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	In the presence of:
		
	Signature of witness:	 	/s/ ACBPfaeltzer
		 	 
	Name of witness:	 	ACBPfaeltzer

  

					
	THE COMPANY	  	)	  	
			
		  	)	  	
	 EXECUTED by
	  	)	  	
	its director Fei Dongping	  	)	  	
	 BEIJING PYPO TECHNOLOGY
	  	)	  	
	 GROUP COMPANY LIMITED
	  	)	  	/s/ Fei Dongping
	  		  	 
	  	)	  	Signature

  

			
	In the presence of
		
	Signature of witness:	 	/s/ Gao Min
		 	 
	Name of witness:	 	Gao Min

  

 5Equity Interest Pledge Agreement

 Exhibit 10.79 
 English Translation of Chinese Language Agreement 
 Equity Interest Pledge Agreement 

 This Equity Interest Pledge Agreement (this “Agreement”) has been executed by and among the following parties on March 3, 2009 in Beijing,
the People’s Republic of China (“China” or the “PRC”): 
 1. Pledgee: Beijing Pypo Technology Group Company Limited
(hereinafter the “Pledgee” or “Party A”) 
 2. Pledgor: Beijing Feijie Investment Co., Ltd. (hereinafter the
“Pledgor” or “Party B”) 
 3. Company of Which the Equity Interest Is Pledged: Beijing Dongdian Infinity Technology Co., Ltd.
(hereinafter “Party C”) 
 The Pledgee, Pledgor and Party C are each hereinafter referred to individually as a “Party” and
collectively as the “Parties”. 
 WHEREAS: 
  

	1.	Party C is a limited liability company registered in Beijing, China. 

  

	2.	The Pledgee is a wholly foreign-owned enterprise registered in China. The Pledgee and Party C wholly owned by the Pledgor have executed an Exclusive Business Cooperation Agreement
on July 28, 2008 (the “Exclusive Business Cooperation Agreement”); 

  

	3.	To ensure that Party C fully performs its obligations under the Exclusive Business Cooperation Agreement and pay the consulting and service fees thereunder to the Pledgee when the
same become due, the Pledgor hereby pledges to the Pledgee all of the equity interest he holds in Party C as security; 

  

	4.	The Pledgor contributes RMB50,000,000 to the registered capital of Party C and holds 100% of the equity interest in Party C. 

  

	5.	Party C hereby confirms the rights and obligations of the Pledgee and Pledgor hereunder and is willing to provide assistance to register the pledge hereunder as necessary.

 In order to perform the terms of the Exclusive Business Cooperation Agreement, the Parties have mutually agreed to execute
this Agreement upon the following terms: 
 1. The Pledge and Subject Matter of the Pledge 
 1.1 As collateral security for the prompt and complete payment when due (whether at stated maturity, by acceleration or otherwise) of any or all the payments due by Party
C, including without limitation to the consulting and services fees payable to the Pledgee under the Exclusive Business Cooperation Agreement, the Pledgor hereby pledges to the Pledgee a first 

  

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security interest in all of the Pledgor’s right, title and interest, whether now owned or hereafter acquired by the Pledgor, in the equity interest of
Party C. 
 1.2 The subject matter of the pledge hereunder shall be all the right, title and interest held by the Pledgor in Party C, representing equity
interest in Party C in an amount of RMB 50,000,000. 
 2. Term of Pledge 
 2.1 The pledge shall become effective as of the date when the pledge of the equity interest is registered with relevant administration for industry and commerce (the “AIC”). The term of this pledge shall be
10 years. 
 2.2 In the event that the Exclusive Business Cooperation Agreement is extended, upon the written confirmation of the Pledgee, the term of the
pledge herein shall be automatically extended to the same term of the Exclusive Business Cooperation Agreement then applicable; in addition, if any obligation or payment under the Exclusive Business Cooperation Agreement has not been fulfilled
before the expiration of the ten years’ term of this pledge, upon the written confirmation of the Pledgee, the pledge shall be continuously valid and shall be automatically expended until all the obligations and payments due under the Exclusive
Business Cooperation Agreement have been fulfilled by Party C. 
 3. Registration of the Pledge and Custody of Records for Equity Interest subject
to Pledge 
 3.1 All Parties hereby agree that the Pledgor and Party C shall register the pledge in the shareholders’ register of Party C, and submit
application to the AIC for the registration of the pledge of the equity interest contemplated herein. The Pledgor and Party C shall deliver the originals of the registration documents (if any) to the Pledgee for its custody after the completion of
the registration of the pledge. 
 3.2 During the Term of Pledge set forth in this Agreement, the Pledgor shall deliver to the Pledgee’s custody the
capital contribution certificate for the equity interest and the shareholders’ register containing the pledge. The Pledgee shall have custody of such items during the entire Term of Pledge set forth in this Agreement. 
 3.3 Pledgee shall have the right to collect dividends generated by the equity interest during the Term of Pledge. 
 4. Exercise of Pledge 
 4.1 Pledgee may issue a notice of default to
Pledgor when exercising the Pledge. 
 4.2 The Pledgee may exercise the right to enforce the pledge concurrently with the issuance of the notice of default or
at any time after the issuance of the notice of default. Once the Pledgee elects to enforce the Pledge, the Pledgor shall cease to be entitled to any rights or interests associated with the equity interest. 
 4.3 In the event of default, Pledgee is entitled to dispose of the equity interest pledged in accordance with and to the extent permitted by applicable PRC laws. Pledgee
has no obligation to account to Pledgor for proceeds of disposition of the equity interest, and Pledgor hereby waives any rights it may have to demand any such accounting from Pledgee; Likewise, 

  

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in such circumstance Pledgor shall have no obligation to Pledgee for any deficiency remaining after such disposition of the equity interest pledged.

 4.4 When the Pledgee disposes of the pledge in accordance with this Agreement, the Pledgor and Party C shall provide necessary assistance to enable the
Pledgee to enforce the pledge in accordance with this Agreement. 
 5. Termination 
 Upon the full payment of the consulting and service fees under the Exclusive Business Cooperation Agreement and upon termination of Party C’s obligations under the Exclusive Business Cooperation Agreement, this
Agreement shall be terminated, and Pledgee shall then cancel or terminate this Agreement as soon as reasonably practicable. 
 6. Governing Law and
Resolution of Disputes 
 6.1 The execution, effectiveness, construction, performance, amendment and termination of this Agreement and the resolution of
disputes hereunder shall be governed by the laws of China. 
 6.2 In the event of any dispute with respect to the construction and performance of this
Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to reach an agreement on the dispute within 30 days after either Party’s request to the other Parties for resolution of the
dispute through negotiations, either Party may submit the relevant dispute to the Beijing Arbitration Commission for arbitration, in accordance with its Arbitration Rules. The arbitration shall be conducted in Beijing, and the language used in
arbitration shall be Chinese. The arbitration award shall be final and binding on all Parties. 
 6.3 Upon the occurrence of any disputes arising from the
construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform
their respective obligations under this Agreement. 
 7. Effectiveness 
 7.1 Any amendments, changes and supplements to this Agreement shall be in writing and shall become effective upon completion of the governmental filing procedures (if applicable) after the affixation of the signatures
or seals of the Parties. 
 7.2 This Agreement is written in Chinese in five copies. The Pledgor, the Pledgee and Party C shall hold one copy respectively,
and one copy shall be used for AIC registration. Each copy of this Agreement shall have equal validity. 
  

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 IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity
Interest Pledge Agreement as of the date first above written. 
 Party A: Beijing PYPO Technology Group Company Limited /s/ 
 Party B: Beijing Feijie Investment Co., Ltd. /s/ 
 Party C:
Beijing Dongdian Infinity Technology Co., Ltd. /s/ 
  

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