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Internet Lifestyle Portal Spins From China's Search Engine Behemoth
December 6, 2011Youa.com, the lifestyle information platform owned by Chinese search engine Baidu, has gained joint investments from the venture capital organization IDG-Accel and Qiming Venture Partners, and it will now officially start independent operations.
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Tencent Invests CNY450 Million In Huayi Brothers
May 11, 2011Chinese Internet company Tencent has announced that it will implement a strategic investment in the well-known film and entertainment group Huayi Brothers Media.
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Revenue Declines For Shanda Games' Online Fun In China
November 30, 2010Chinese online game developer and publisher Shanda Games Limited today announced its unaudited consolidated financial results for the third quarter ended September 30, 2010.
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Rising Cooperates With Partners To Provide Online Safety Service
March 16, 2009In recognition of World Consumer Rights Day on March 15, Chinese online security service provider Rising has formally launched an initiative called "3-15 Safety Service Month" in cooperation with its partners to provide security services for its users.
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Not Playing Chinese Games: Quarterly Revenues Drop For The9 Limited
February 24, 2009Chinese online game developer The9 Limited announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2008, and showed that net income plummeted by 55% from the previous quarter due to an impairment charge.
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China's First Blue-ray Disc Production Line Put Into Operation In Shanghai
January 27, 2009Jointly invested by the Shanghai Synergy Culture and Entertainment Group, Shanghai Jingwen Investment and Sony, China's first blue-ray disc production line has been put into production in Shanghai.
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Shanda Hits The Books In China With New Copyright Chief
January 8, 2009Chinese online gaming company Shanda (SNDA) says its subsidiary Shanda Literature is enhancing its management team and has unveiled a new arm devoted to literature research in China.
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Shanda Reports Q3 Online Game Revenue Results
December 2, 2008Chinese online game firm Shanda (SNDA) has announced its unaudited financial results for the third quarter ended September 30, 2008 and stated consolidated net revenues increased 42.7% year-over-year and 11.8% quarter-over-quarter to a record high of CNY936.5 million.
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The9 Posts Seasonal Decline In Chinese Online Game Revenue
November 18, 2008Chinese online game development company The9 Limited (NCTY) announced its financial results for the third quarter ended September 30, 2008 and stated that while total net revenues increased 29.3% year-over-year, they decreased 10.2% quarter-over-quarter to CNY408.4 million.
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Upward Revenue Swing For Perfect World's Game Operations
November 10, 2008Chinese online game development firm Perfect World (PWRD) has released its results for the third quarter ended September 30, 2008.
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AOL Opens Chinese Website
September 10, 2008America Online finally opened its Chinese website on September 9, 2008.
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Shanda Reports MMORPG Revenue Jump; Casual Games Decline In China
September 3, 2008Chinese online game company Shanda (SNDA) announced its unaudited financial results for the second quarter ended June 30, 2008 showing net revenues jumped 48.4% year-over-year and 7.4% quarter-over-quarter to a record high of CNY837.6 million.
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Profits Fall For Shanda's Chinese Game Operations
May 28, 2008Chinese game developer Shanda's (SNDA) unaudited consolidated financial results for the first quarter ended March 31, 2008 show net income dropped to CNY288.8 million, down from CNY448.8 million in the first quarter of 2007 and CNY292.6 million in the fourth quarter of 2007.
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Xiaonei.com Gains Investment From Softbank
May 5, 2008Chinese Web 2.0 company Oak Pacific Interactive's Xiaonei.com announced on the cusp of the Chinese May 1 Labor Day holiday that its hard work had paid off in the amount of a US$430 million infusion of capital.
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Rumor: Shanda's President Says "Game Over" In China
April 1, 2008A number of Chinese media are reporting today that Tang Jun, president of China's leading online game operator Shanda (SNDA), will soon resign from his post.
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