Chinese Online Games Firm Nineyou Raises $100 Million

Authored by Mark Hefflinger on March 25, 2008 - 5:28am.

Shanghai - Nineyou International, a developer and publisher of online games in China, has raised $100 million in private equity funding from Singapore's Temasek Holdings, PEHub.com reported.

Shanghai-based Nineyou withdrew plans for a $154 million IPO in Japan last year, after two Korean companies threatened legal action over disputed game licenses.

http://www.9you.com