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	<title>ChinaTechNews.com &#187; game developer</title>
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	<link>http://www.chinatechnews.com</link>
	<description>The Technology Source for the Latest Chinese News on Internet, Computers, Digital, Science, Electronics, Law, Security, Software, Web 2.0, Telecom, and Wireless Industries</description>
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		<title>Tough Times For Online Games: The9 To Cut 300 Employees In China</title>
		<link>http://www.chinatechnews.com/2009/06/24/10031-tough-times-for-online-games-the9-to-cut-300-employees-in-china</link>
		<comments>http://www.chinatechnews.com/2009/06/24/10031-tough-times-for-online-games-the9-to-cut-300-employees-in-china#comments</comments>
		<pubDate>Wed, 24 Jun 2009 09:35:47 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Blizzard]]></category>
		<category><![CDATA[employee]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[human resources]]></category>
		<category><![CDATA[JX3 Online]]></category>
		<category><![CDATA[Kingsoft]]></category>
		<category><![CDATA[netease]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[The9]]></category>
		<category><![CDATA[World of Warcraft]]></category>
		<category><![CDATA[WoW]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=10031</guid>
		<description><![CDATA[The Chinese "one-trick pony" online game operator The9 has confirmed that it will cut 300 employees who previously worked on the operation of World of Warcraft game. According to news reports in local media, the employees are mainly customer service staff, and the company will cancel the non-compete agreement limit on these employees. In addition, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Shanda Posts Online Game Profits In China</title>
		<link>http://www.chinatechnews.com/2009/06/03/9889-shanda-posts-online-game-profits-in-china</link>
		<comments>http://www.chinatechnews.com/2009/06/03/9889-shanda-posts-online-game-profits-in-china#comments</comments>
		<pubDate>Tue, 02 Jun 2009 23:07:38 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[HNTE]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[MMORPG]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Shanda]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[Tianqiao Chen]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9889</guid>
		<description><![CDATA[Chinese online game developer Shanda Interactive Entertainment Limited has announced its unaudited consolidated financial results for the first quarter ended March 31, 2009. Consolidated net revenues at Shanda increased 42.0% year-over-year and 9.1% quarter-over-quarter to a record high of CNY1.11 billion, and net income increased 25.0% year-over-year and 10.6% quarter-over-quarter to CNY361.0 million. "Shanda achieved [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/06/03/9889-shanda-posts-online-game-profits-in-china/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The9 Sues Blizzard Entertainment In Shanghai Over Online Game</title>
		<link>http://www.chinatechnews.com/2009/05/27/9857-the9-sues-blizzard-entertainment-in-shanghai-over-online-game</link>
		<comments>http://www.chinatechnews.com/2009/05/27/9857-the9-sues-blizzard-entertainment-in-shanghai-over-online-game#comments</comments>
		<pubDate>Wed, 27 May 2009 09:01:12 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[Law & Policy]]></category>
		<category><![CDATA[Blizzard]]></category>
		<category><![CDATA[court]]></category>
		<category><![CDATA[defamation]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[lawsuit]]></category>
		<category><![CDATA[legal]]></category>
		<category><![CDATA[MMORPG]]></category>
		<category><![CDATA[NetEase.com]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[Shanghai No.1 Intermediate People's Court]]></category>
		<category><![CDATA[Shanghai Pudong People's Court]]></category>
		<category><![CDATA[The9]]></category>
		<category><![CDATA[World of Warcraft]]></category>
		<category><![CDATA[WoW]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9857</guid>
		<description><![CDATA[According to information from Shanghai's court website, Chinese online game operator The9 is targeting the American game developer Blizzard Entertainment in two lawsuits which involve property loss compensation and commercial defamation, respectively. While the court's website at Hshfy.sh.cn shows the cases will soon be heard, and a representative from The9 has confirmed the news to [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/27/9857-the9-sues-blizzard-entertainment-in-shanghai-over-online-game/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Online Game Profit Vaporizes In China For Giant Interactive</title>
		<link>http://www.chinatechnews.com/2009/05/26/9843-online-game-profit-vaporizes-in-china-for-giant-interactive</link>
		<comments>http://www.chinatechnews.com/2009/05/26/9843-online-game-profit-vaporizes-in-china-for-giant-interactive#comments</comments>
		<pubDate>Tue, 26 May 2009 05:29:22 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Giant Interactive]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Shi Yuzhu]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9843</guid>
		<description><![CDATA[Proving that hype surrounds the maxim that online game companies can mount profit offensives in even the worst economic times, Chinese online game developer Giant Interactive Group Inc. has reported a sequential profit drop of 20.1% as it announced its unaudited financial results for the first quarter ended March 31, 2009. While the company's overall [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/26/9843-online-game-profit-vaporizes-in-china-for-giant-interactive/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Shanda Eyes Possible IPO Of Online Game Business</title>
		<link>http://www.chinatechnews.com/2009/05/26/9841-shanda-eyes-possible-ipo-of-online-game-business</link>
		<comments>http://www.chinatechnews.com/2009/05/26/9841-shanda-eyes-possible-ipo-of-online-game-business#comments</comments>
		<pubDate>Mon, 25 May 2009 22:49:42 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[initial public offering]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[ipo]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Securities and Exchange Commission]]></category>
		<category><![CDATA[Shanda]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9841</guid>
		<description><![CDATA[Chinese online entertainment and game developer Shanda Interactive Entertainment Limited says it plans to have its online business go public in the United States. Shanda plans to submit a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission for a possible initial public offering of Shanda Games Limited, a Cayman [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/26/9841-shanda-eyes-possible-ipo-of-online-game-business/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The9 To Soon Publish Compensation Plan For Non-activated WoW Cards</title>
		<link>http://www.chinatechnews.com/2009/05/25/9835-the9-to-soon-publish-compensation-plan-for-non-activated-wow-cards</link>
		<comments>http://www.chinatechnews.com/2009/05/25/9835-the9-to-soon-publish-compensation-plan-for-non-activated-wow-cards#comments</comments>
		<pubDate>Sun, 24 May 2009 17:15:14 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[Blizzard]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[NetEase.com]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[rechargeable card]]></category>
		<category><![CDATA[The9]]></category>
		<category><![CDATA[World of Warcraft]]></category>
		<category><![CDATA[WoW]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9835</guid>
		<description><![CDATA[Chinese online game and portal operator NetEase.com has recently reported the latest transition situation of World of Warcraft and said that upon the completion of the transition, non-activated recharge cards of the game will be expired. NetEase.com, which has replaced The9 as the new Chinese operator for the online game World of Warcraft developed by [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/25/9835-the9-to-soon-publish-compensation-plan-for-non-activated-wow-cards/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hurray&#039;s Mobile Revenues Fall In China As It Drops Further Investor Guidance</title>
		<link>http://www.chinatechnews.com/2009/05/22/9828-hurrays-mobile-revenues-fall-in-china-as-it-drops-further-investor-guidance</link>
		<comments>http://www.chinatechnews.com/2009/05/22/9828-hurrays-mobile-revenues-fall-in-china-as-it-drops-further-investor-guidance#comments</comments>
		<pubDate>Thu, 21 May 2009 22:05:51 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Best Prospect Overseas Limited]]></category>
		<category><![CDATA[Dr. Songzuo Xiang]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[guidance]]></category>
		<category><![CDATA[Hurray]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Jacky Tung]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[MVAS]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Qindai Wang]]></category>
		<category><![CDATA[Shanda]]></category>
		<category><![CDATA[Wireless]]></category>
		<category><![CDATA[WVAS]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9828</guid>
		<description><![CDATA[Embattled Chinese wireless value-added services firm Hurray Holding Company Ltd. says its total revenues plummeted 18.5% quarter-over-quarter to USD11.8 million as it announced its unaudited financial results for the first quarter ended March 31, 2009, and stated it would not continue to provide quarterly guidance. The company's USD11.8 million in total revenues was also a [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/22/9828-hurrays-mobile-revenues-fall-in-china-as-it-drops-further-investor-guidance/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>NetEase.com Announces Q1 2009 Financial Results</title>
		<link>http://www.chinatechnews.com/2009/05/20/9816-neteasecom-announces-q1-2009-financial-results</link>
		<comments>http://www.chinatechnews.com/2009/05/20/9816-neteasecom-announces-q1-2009-financial-results#comments</comments>
		<pubDate>Wed, 20 May 2009 14:52:12 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[netease]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[Wireless]]></category>
		<category><![CDATA[WVAS]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9816</guid>
		<description><![CDATA[Chinese Internet and game development company NetEase.com Inc. says its online advertising and wireless service revenues fell as it announced its unaudited financial results for the quarter ended March 31, 2009. Total revenues for the first quarter of 2009 were CNY781.7 million, compared to CNY801.7 million and CNY651.9 million for the fourth and first quarters [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/20/9816-neteasecom-announces-q1-2009-financial-results/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Best Prospect Begs For Hurray To Engage In Acquisition Talks</title>
		<link>http://www.chinatechnews.com/2009/05/20/9808-best-prospect-begs-for-hurray-to-engage-in-acquisition-talks</link>
		<comments>http://www.chinatechnews.com/2009/05/20/9808-best-prospect-begs-for-hurray-to-engage-in-acquisition-talks#comments</comments>
		<pubDate>Wed, 20 May 2009 11:08:37 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Best Prospect Overseas Limited]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Hurray]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Jacky Tung]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[MVAS]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Qindai Wang]]></category>
		<category><![CDATA[Shanda]]></category>
		<category><![CDATA[Wireless]]></category>
		<category><![CDATA[WVAS]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9808</guid>
		<description><![CDATA[Best Prospect Overseas Limited's Jacky Tung has bedeviled Chinese wireless value-added services firm Hurray with another open letter that practically begs for more acquisition talks. Addressing the open letter to Qindai Wang, chairman of Hurray, Tung responds today to Hurray's press release of May 14, in which the company says it is not interested in [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/20/9808-best-prospect-begs-for-hurray-to-engage-in-acquisition-talks/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Perfect World Invests CNY15 Million In Webgame Company In Chengdu</title>
		<link>http://www.chinatechnews.com/2009/05/20/9806-perfect-world-invests-cny15-million-in-webgame-company-in-chengdu</link>
		<comments>http://www.chinatechnews.com/2009/05/20/9806-perfect-world-invests-cny15-million-in-webgame-company-in-chengdu#comments</comments>
		<pubDate>Tue, 19 May 2009 19:55:56 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Chengdu]]></category>
		<category><![CDATA[Chengdu Yewang Technology Development Company]]></category>
		<category><![CDATA[Chi Yufeng]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[online community]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Perfect World]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9806</guid>
		<description><![CDATA[Chi Yufeng, chairman and CEO of the Chinese online game operator Perfect World, has confirmed with local Chinese media that the company has invested CNY15 million in a webgame company in Chengdu to extent its online community business. The Chengdu-based webgame developer and operator, named Chengdu Yewang Technology Development Company, offered partial equity to Perfect [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/20/9806-perfect-world-invests-cny15-million-in-webgame-company-in-chengdu/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Shanghai Publishes Online Game Service Regulations</title>
		<link>http://www.chinatechnews.com/2009/05/19/9802-shanghai-publishes-online-game-service-regulations</link>
		<comments>http://www.chinatechnews.com/2009/05/19/9802-shanghai-publishes-online-game-service-regulations#comments</comments>
		<pubDate>Tue, 19 May 2009 09:38:05 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[Law & Policy]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[hanghai Information Service Association]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[standards]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9802</guid>
		<description><![CDATA[Promoted and drafted by Shanghai Information Service Association, China's first major online game service local standards have been published in Shanghai, with the aim of offering management regulations to the Chinese online game market and protecting the interests of both online game users and game companies. In regards to the hot issue of closure or [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/19/9802-shanghai-publishes-online-game-service-regulations/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Venture Capital Pours In For Techfaith&#039;s Mobile Game Subsidiary In China</title>
		<link>http://www.chinatechnews.com/2009/05/18/9797-new-venture-capital-pours-in-for-techfaiths-mobile-game-subsidiary-in-china</link>
		<comments>http://www.chinatechnews.com/2009/05/18/9797-new-venture-capital-pours-in-for-techfaiths-mobile-game-subsidiary-in-china#comments</comments>
		<pubDate>Mon, 18 May 2009 11:53:00 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[798game.com]]></category>
		<category><![CDATA[798uu.com]]></category>
		<category><![CDATA[China Techfaith]]></category>
		<category><![CDATA[Defu Dong]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[IDGVC]]></category>
		<category><![CDATA[Infiniti Capital]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Leo Technology]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[mobile game]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[PC]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[Wireless]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9797</guid>
		<description><![CDATA[IDGVC Partners and Infiniti Capital are splitting a USD20 million investment in a Chinese mobile gaming developer. Based in Beijing, One Net Entertainment is targeting both the mobile and online PC gaming markets through its websites 798uu.com and 798game.com, respectively. Three massive multiplayer online role-playing games are planned to launch in 2009 for online PC [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China&#039;s Online Game Revenue Reached CNY5.514 Billion In Q1 2009</title>
		<link>http://www.chinatechnews.com/2009/05/18/9778-chinas-online-game-revenue-reached-cny5514-billion-in-q1-2009</link>
		<comments>http://www.chinatechnews.com/2009/05/18/9778-chinas-online-game-revenue-reached-cny5514-billion-in-q1-2009#comments</comments>
		<pubDate>Sun, 17 May 2009 19:59:09 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Analysys International]]></category>
		<category><![CDATA[Changyou.com]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[NetEase.com]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Shanda]]></category>
		<category><![CDATA[Sohu]]></category>
		<category><![CDATA[statistics]]></category>
		<category><![CDATA[Tencent]]></category>
		<category><![CDATA[The9]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9778</guid>
		<description><![CDATA[Market research firm Analysys International has published its report on China's online game market in the first quarter of 2009, which states the revenue of China's online game market reached CNY5.514 billion, an increase of 8.3% compared with the previous quarter. According to the monitoring statistics from the company, the market scale growth during the [...]]]></description>
		<wfw:commentRss>http://www.chinatechnews.com/2009/05/18/9778-chinas-online-game-revenue-reached-cny5514-billion-in-q1-2009/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hurray&#039;s Statement Still Leaves Doubt About Chosen Suitor</title>
		<link>http://www.chinatechnews.com/2009/05/15/9764-hurrays-statement-still-leaves-doubt-about-chosen-suitor</link>
		<comments>http://www.chinatechnews.com/2009/05/15/9764-hurrays-statement-still-leaves-doubt-about-chosen-suitor#comments</comments>
		<pubDate>Thu, 14 May 2009 22:30:06 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Telecom & Wireless]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Best Prospect Overseas Limited]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Hurray]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[MVAS]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[Shanda]]></category>
		<category><![CDATA[Sina]]></category>
		<category><![CDATA[Wireless]]></category>
		<category><![CDATA[WVAS]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9764</guid>
		<description><![CDATA[After days of rumors and press releases surrounding possible acquisitions of China's beleaguered wireless value-added services firm Hurray, the company has issued a statement about where it stands on the issue. The statement reads: "Hurray! Holding Co. Ltd. announced that it had received from Best Prospect Overseas Limited an expression of interest in acquiring a [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Chinese Online Game Company Posts First Earnings Report</title>
		<link>http://www.chinatechnews.com/2009/05/04/9694-chinese-online-game-company-posts-first-earnings-report</link>
		<comments>http://www.chinatechnews.com/2009/05/04/9694-chinese-online-game-company-posts-first-earnings-report#comments</comments>
		<pubDate>Mon, 04 May 2009 11:24:59 +0000</pubDate>
		<dc:creator>ChinaTechNews.com Editor</dc:creator>
				<category><![CDATA[Internet]]></category>
		<category><![CDATA[Changyou.com]]></category>
		<category><![CDATA[game developer]]></category>
		<category><![CDATA[Internet game]]></category>
		<category><![CDATA[ipo]]></category>
		<category><![CDATA[online game]]></category>
		<category><![CDATA[peak concurrent users]]></category>
		<category><![CDATA[revenue]]></category>

		<guid isPermaLink="false">http://www.chinatechnews.com/?p=9694</guid>
		<description><![CDATA[Chinese online game developer Changyou.com Limited has announced its unaudited financial results for the first quarter ended March 31, 2009, just weeks after its initial public offering. Total revenues at Changyou.com reached a record of USD61.6 million, an increase of 6% quarter-over-quarter and 50% year-over-year. Aggregate peak concurrent users for its games grew 16% quarter-over-quarter [...]]]></description>
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		</item>
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