Cloudary Corporation, the wholly-owned Internet literature subsidiary of Shanda Interactive Entertainment Limited, has announced a strategic investment in Byread.com, a Chinese mobile reading platform, and the two parties will implement cooperation in providing copyrighted contents in China.

Bambook, the electronic reader product launched by China-based Shanda Literature, will soon experience a major functional upgrade allowing the device to render PDF files.

Shanda Literature, the Internet literature subsidiary of China's Shanda Interactive Entertainment Limited, has announced that it has acquired the Chinese digital periodical website Zubunet.com.

Shanda Interactive Entertainment has decided the final retail price of CNY999 for its electronic reader product Bambook, and a new reservation system has been launched for the marketing of this new product.

Shanda Literature, the online literature subsidiary of China's Shanda Interactive Entertainment, has reportedly registered and established a subsidiary in Singapore, aiming to expand into the English-language digital and mobile e-book reading market.

Shanda Interactive Entertainment has set up a new subsidiary, Guoke Electronics, to be in charge of the research and development of its new e-book product "Bambook".

Shanda Literature has acquired Readnovel.com, following recent acquisitions of several other Chinese literature websites, including Qidian.com, Hongxiu.com, Jjwxc.net, and Rongshuxia.com.

Shanda Literature, the Internet literature subsidiary of Shanda Interactive Entertainment Limited, has acquired the Chinese Internet literature website Rongshu.com, with a shareholding ratio of over 51%.

Shanda Literature, the Internet literature subsidiary of Shanda Interactive Entertainment Limited, has announced that it plans to sue the Chinese search engine company Baidu.com in January 2010, because Baidu.com includes a large number of online pirated literature works, which infringe the rights and interests of Shanda Literature.

Shanda Literature, the online literature subsidiary of Shanda Interactive Entertainment Limited, has announced plans to seek partners for book copyright introduction, digital publication communications, e-books, and film and television works copyright transfer in Taiwan.

Chinese telecom operator China Mobile has reached cooperation with ten Chinese content providers to jointly promote the development of the mobile phone reading industry.

According to Hou Xiaoqiang, CEO of Shanda Literature, the company plans to start a lawsuit against Google to push the global search engine towards better transparency and a higher sense of corporate social responsibility.

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 company Shanda (SNDA) says it has started a new business unit called Shanda Literature Limited to focus on publishing original reader-generated literary works.