Youa.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.

Chinese Internet company Tencent has announced that it will implement a strategic investment in the well-known film and entertainment group Huayi Brothers Media.

Chinese online game developer and publisher Shanda Games Limited today announced its unaudited consolidated financial results for the third quarter ended September 30, 2010.

In 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.

Chinese 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.

Jointly 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.

Chinese 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.

Chinese 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.

Chinese 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.

Chinese online game development firm Perfect World (PWRD) has released its results for the third quarter ended September 30, 2008.

America Online finally opened its Chinese website on September 9, 2008.

Chinese 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.

Chinese 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.

Chinese 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.

A 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.