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ShandaChina Bans Foreign Investment in Online Game CompaniesAuthored by Mark Hefflinger on October 13, 2009 - 10:29am.
Shanghai - China
has enacted a ban on foreign investment in the country's burgeoning online
games industry, Reuters reports.
Shanda Sued by Player Over Loss of Virtual Game ItemsAuthored by Mark Hefflinger on May 21, 2008 - 9:52am.
Shanghai, China - Chinese online game operator Shanda (NASD: SNDA) has been sued for around $14,000 by a player who blames the company for the loss of 31 virtual items that have disappeared from his account over the past year, Pacific Epoch reported, citing a post by People.com.cn. Shanda Acquires Chinese Online Games Firm Aurora TechnologyAuthored by Mark Hefflinger on July 6, 2007 - 12:18pm.
Shanghai, China - Shanda Interactive Entertainment, an operator of online games in China, announced that it has acquired Chengdu Aurora Technology Development Co., a developer and operator of multiplayer online games in China. Shanda to Operate Tecmo's "DOA Online" Game in ChinaAuthored by Mark Hefflinger on July 2, 2007 - 2:52pm.
Shanghai, China - Chinese online game operator Shanda Interactive Entertainment said on Monday that it has acquired the exclusive rights from Japanese game developer Tecmo, to operate the firm's "DOA Online" in mainland China, Hong Kong and Macao. Tecmo's Lievo Studio will develop the online version of "Dead or Alive," slated to launch next year. Shanda to Operate "TalesRunner" 3D Online Running Game in ChinaAuthored by Mark Hefflinger on May 25, 2007 - 10:31am.
Shanghai, China - Chinese online game publisher Shanda Interactive Entertainment said it has signed an exclusive license with Korean distributor Nowcom, to operate Korean developer Rhaon Entertainment's "TalesRunner" 3D online sports-themed running game in mainland China. The title, which recently recorded over 80,000 peak concurrent users in Korea, is slated to launch in China in the third quarter. Chinese Games Firm Shanda Sells Partial SINA Stake for $129.6 MillionAuthored by Mark Hefflinger on February 8, 2007 - 11:48am.
Shanghai, China - Shanda Interactive Entertainment, a provider of multiplayer, casual and PC games and other media content in China, announced on Thursday that it has sold part of its stake in Chinese Web portal SINA to Citigroup for about $129.6 million. Chinese Online Games Firm Shanda Sells Stake in SINA for $99 MillionAuthored by Mark Hefflinger on November 7, 2006 - 3:43pm.
Shanghai, China - Chinese online game publisher Shanda Interactive Entertainment announced on Tuesday that it will sell part of its stake in Chinese Web portal SINA to Citigroup Global Markets for $99.1 million.
China's Shanda Establishes Digital Interactive Entertainment LabAuthored by Mark Hefflinger on September 7, 2006 - 1:12pm.
Beijing - Chinese game developer Shanda Interactive Entertainment announced on Thursday that the company and its Interjoy Technology affiliate have partnered with the Chinese Academy of Sciences' Institute of Automation, to establish a Digital Interactive Entertainment Lab.
Motorola, Shanda Partner on Mobile Games in ChinaAuthored by Mark Hefflinger on July 28, 2006 - 12:43pm.
Shanghai - Motorola announced on Friday that it has partnered with Chinese online games distributor Shanda Interactive Entertainment to launch mobile versions of the company's titles for customized Motorola E680g handsets in China.
Disney Partners with Shanda to Launch Online Games in ChinaAuthored by Mark Hefflinger on May 24, 2006 - 7:16pm.
North Hollywood, Calif. - Walt Disney Internet Group announced on Wednesday that it will enter the Chinese online games market, through an agreement Shanda Interactive Entertainment.
Cisco Buys 9.7% Stake in Chinese Games Firm Shanda for $104 MillionAuthored by Mark Hefflinger on February 15, 2006 - 9:40am.
San Jose, Calif. - Networking equipment maker Cisco Systems said in an SEC filing that it has indirectly purchased a 9.7% stake in Shanda Interactive Entertainment, an operator of online games in China, for about $104 million. Shanda operates online games including "The Legend of Mir" and "Ragnarok Online." The company also partnered with Intel on a PC-based entertainment system called the EZ Pod, which features access to video games, a Web browser, and music downloads from providers including EMI Music.
Shanda to Distribute Korean Online Game "ArchLord" in ChinaAuthored by Mark Hefflinger on February 9, 2006 - 2:16am.
Shanghai - Shanda Interactive Entertainment, a provider of online games in China, announced on Thursday that it has signed an agreement with Korean online game developer NHN Games, for the rights to operate the company's "ArchLord" 3D massively multiplayer online roleplaying game in mainland China. The game is expected to enter beta testing in China in the second quarter of 2006.
Chinese Online Games Firm Shanda to Distribute EMI SongsAuthored by Mark Hefflinger on January 18, 2006 - 3:53am.
Shanghai - Shanda Interactive Entertainment, a provider of online games and other interactive entertainment in China, announced on Wednesday a strategic partnership with major record label EMI. Under the deal, Shanda will distribute music from EMI artists through its EZ home entertainment platform, as well as through its online portal.
Chinese Online Games Firm Shanda Acquires Casual Games Site GameteaAuthored by Mark Hefflinger on December 8, 2005 - 5:02am.
Shanghai, China - Chinese online game developer Shanda Interactive Entertainment announced on Thursday that it has acquired Gametea, an online casual games platform in China. Financial terms of the deal were not disclosed. Founded in 1998, Gametea has 11.5 million registered users and offers more than 90 online casual games, recently attracting close to 90,000 concurrent users. The deal follows Shanda's recent acquisition of Bianfeng, another Chinese casual games site.
Intel to Promote Shanda's Chinese Media Center PC SoftwareAuthored by Mark Hefflinger on October 27, 2005 - 4:08am.
Shanghai - Shanda Interactive Entertainment, a Chinese provider of online games and other entertainment content, announced on Thursday that it has signed an agreement with chipmaker Intel. Under the deal, Intel will jointly promote Shanda's EZ Center PC media software and EZ Pod PC remote control. The products provide users with easy access to Shanda's products and services.
Chinese Developer Shanda to Launch U.N.'s "Food Force" Online GameAuthored by Mark Hefflinger on October 25, 2005 - 6:43am.
Shanghai - Chinese game developer Shanda Interactive Entertainment said on Tuesday that it has partnered with the U.N. World Food Program to create a Chinese version of "Food Force," a free educational video game aimed at teaching children about the fight against world hunger. Since releasing the English-language version of "Food Force" online in April 2005, the U.N. said the site has received over 10 million views.
Chinese Online Game Operator Shanda Buys Stake in Korean Developer ActozAuthored by Mark Hefflinger on November 30, 2004 - 4:10am.
Shanghai, China -- Chinese online game operator Shanda Interactive Entertainment announced on Tuesday that it has purchased a 29% controlling stake in Korean online game developer Actoz Soft for $97.1 million in cash. Actoz is co-owner of the copyright for "The Legend of Mir II," currently the most popular online game in China. Shanda operates "Mir II" in China, as well as other titles including "BNB," currently the most popular casual online game in China. Shanghai-based Shanda said the strategic investment secures an alliance with its leading supplier of online game content.
Chinese Online Games Firm Shanda Prices $200 Million in NotesAuthored by Mark Hefflinger on October 15, 2004 - 9:48am.
Shanghai -- Shanda Interactive Entertainment, a Chinese online game service operator, announced on Friday that it has raised $200 million through the sale of zero coupon convertible notes. The company also granted the unnamed purchaser the option to purchase an addition $75 million in notes, due to mature in Oct. 2014. Shanghai-based Shanda provides infrastructure for online games and develops its own massively multiplayer titles, including "The Legend of Mir II," "Tactical Commanders," "The World of Legend" and "The Age."
Chinese Online Games Firm Shanda Acquires Developer Digital-RedAuthored by Mark Hefflinger on September 8, 2004 - 5:07am.
Shanghai, China -- Shanda Interactive Entertainment, a provider of online games in China, announced that it has signed an agreement to acquire the remaining interest in mobile game developer Beijing Digital-Red Mobile Software (Digital-Red) that it did not already own. Financial terms of the deal were not disclosed. Founded in 2000, Digital-Red has developed over 200 games to date. Shanda says that its online games were played by an average of 1.2 million concurrent users during the second quarter of 2004.
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