Shanda Games Acquires Two Companies From Parent
Shanda Games Limited has signed a final agreement with its parent company Shanda Interactive Entertainment Limited to acquire two subsidiaries from the latter.
online game
Giant Cooperates With South Korean Game Developer For New Product Launch
Chinese online game developer and operator Giant Interactive Group and South Korean game developer and operator Ntreev Soft Company Ltd. signed an agreement in Shanghai for the launch of a new product in China.
Japan’s Gree Closes Chinese Social Gaming Office
Japanese social game giant Gree announced the future strategy for its overseas offices, and the company said it will close the office in China.
Tencent Cuts Staff In North American Game Studio
Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed during this adjustment, accounting for 40% of its total employees in North America.
Tencent Eyes Integrated Mobile Gaming Platform
Ma Xiaoyi, vice president of Tencent, said during the Global Mobile Game Congress in Beijing this week that Tencent plans to launch an integrated mobile gaming platform, covering Tencent’s major mobile applications and quality products…
Changyou Acquires Remaining Stake In 7Road For USD78 Million
Changyou.com, the online game subsidiary of Sohu.com, reached an agreement with all minority shareholders of 7Road aiming to acquire the remaining 28.074% stake from these shareholders for about USD78 million.
China’s Giant Appoints New CEO
Chinese online game developer and operator Giant Interactive Group Inc. announced that its board of directors has appointed Liu Wei, former president of Giant, as new chief executive officer; and appointed Ji Xuefeng, former senior…
Renren Forms Independent Wireless Business Division
Chinese Internet company Renren Inc. will adjust its organizational structure and business clusters, and establish an independent wireless business division.
China’s Online Game Industry Sales Reached CNY60.28 Billion In 2012
China’s Game Industry Annual Conference 2012 was just held in Suzhou and the comprehensive Chinese game industry report for 2012 was released during the conference.
Copyright Problems: Xunlei’s Gougou.com Terminates Chinese Search Service
Chinese Internet company Xunlei announced that its search service Gougou.com will soon terminate operations.
