The Digital Source For China's Tech Innovation Since 2000

China's Changyou Sells Subsidiaries For USD205 Million

August 12, 2015
Editorial Staff

Chinese Internet portal Sohu.com recently submitted a regulatory filing in the U.S. for its online gaming subsidiary Changyou.com to sell hree subsidiaries, including two overseas subsidiaries, to third-party buyers for USD205 million.

According to the file, Changyou signed decisive agreements in April 2015 to transfer a series of assets. Based on the agreements, Changyou will transfer the entire stake in Shenzhen 7Road Technology Co., Ltd. to a China-registered company; and it will transfer the entire stake in Changyou My Sdn. Bhd and Changyou.com (UK) Company Limited to a company registered in British Virgin Islands.

Changyou My Sdn. Bhd and Changyou.com (UK) Company Limited operate online game businesses in Malaysia and U.K., respectively.

The three transactions are evaluated at USD205 million and they are not closed yet. Sohu did not reveal the identities of the buyers.

Related Topics: 7Road | Britain | Cayman | Changyou | Internet game | Malaysia | online game | Shenzhen | social media | Sohu | United Kingdom

Other News:

Is Meng Wanzhou a fashion icon? The controversial Huawei CFO’s most stylish looks, from her all-pink Chanel suit to the Gucci boat neck dress and colourful Hermès scarf | South China Morning Post

October 1, 2021
scmp.com scmp.com

UK Parliament closes TikTok account after China data warning – Fast and reliable news

August 4, 2022
fast-news.xyz fast-news.xyz

BYD Qin Pro Catches Fire While Parked Underground in Beijing

November 27, 2021
autoevolution.com autoevolution.com

Rand Paul’s wife is losing it on Twitter over Chinese third graders, math, and men having babies

April 1, 2022
queerty.com queerty.com

GSM Services Market Outlook 2021: Hidden Trends and Growth Opportunities : Vodafone, China Mobile, Softbank

May 26, 2022
sbwire.com sbwire.com

Pagoda Caught in Food Safety Scandal Ahead of Hong Kong IPO-???????

May 10, 2022
tmtpost.com tmtpost.com

Who are Canada’s billionaires? Forbes lists world’s richest

April 3, 2025
thestar.com thestar.com

Russian oligarch Yevgeny Prigozhin, "Putin's chef," admits interference in U.S. elections

November 8, 2022
cbsnews.com cbsnews.com

Market Turmoil: Trump's Fed Criticism Rattles Stocks

April 22, 2025
devdiscourse.com devdiscourse.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.