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Giant Interactive Buys 25% Stake in Chinese Social Net 51.com

Authored by Mark Hefflinger on July 2, 2008 - 7:55am.

Shanghai, China - Chinese online game developer and operator Giant Interactive Group (NYSE: GA) announced on Wednesday that it has paid $51 million for a 25% stake in Five One, an online social network in China.

tags: Games | Deals | Social Networking | Investments | 51.com | Giant Interactive | Five One |

Chinese Online Games Firm Giant Interactive IPO Nets $887M

Authored by Mark Hefflinger on November 1, 2007 - 9:26am.
Giant Interactive's ZT Online game Shanghai - Giant Interactive Group (NYSE: GA), the third-largest developer and operator of online games in China, announced on Thursday that it raised about $887 million in its initial public offering (IPO) of shares on the New York Stock Exchange.
tags: Games | Deals | China | MMOG | IPOs | Giant Interactive | ZT Online |