Chinese Internet games company Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2010.

Mochi Media, a Flash game development platform owned by Shanda Games, has issued an open letter, claiming that the Chinese Internet company Tencent has pirated its games.

According to rumor spreads on the Chinese Internet, Shanda Interactive Entertainment Limited, a top interactive entertainment media and online game company in China, plans to cut over 400 employees.

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

Shanda Games' small leisure game subsidiary Mochimedia.com has signed an agreement with 4399.com, a Chinese small game platform, making the latter its first Chinese major channel provider since its entry into the Chinese market.

Chinese online game company Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the second quarter ended June 30, 2010, and showed its game revenue dropped.

Chinese online game developer and operator Shanda Games has launched a new outsourcing platform, and it started to accept qualification applications of outsourcing vendors from July 23, 2010.

Utan.com, a new website launched by Shanda Games' former CEO Li Yu, has recently started beta tests and is focused on the Chinese youth market.

Chinese online game developer and publisher Shanda Games Limited announced its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2009, and stated net revenues increased 39% year-over-year and 5% quarter-over-quarter to a record high of CNY1.33 billion.

Shanda Games Limited announced over the weekend that Diana Li has resigned as the company's chief executive officer and a member of the board of directors to pursue other interests.

Two of Shanda Interactive Entertainment Limited's subsidiaries have been busy this week doing an acquisition and hiring a new executive, respectively.

China-based online game developer Shanda Games Limited and Kingsoft Corporation Limited are planning a joint venture to develop online games.

Feeding an appetite in the West for Chinese Internet company stocks, a new initial public offering is ready to ignite.