Posts Tagged ‘entertainment’

Rising Cooperates With Partners To Provide Online Safety Service

In recognition of World Consumer Rights Day on March 15, Chinese online security service provider Rising has formally launched an initiative called “3-15 Safety Service Month” in cooperation with its partners to provide security services for its users.
Under the program, Rising will work with over a dozen websites, including, Alipay,, The9, and […]

Shanda Hits The Books In China With New Copyright Chief

Chinese online gaming company Shanda (SNDA) says its subsidiary Shanda Literature is enhancing its management team and has unveiled a new arm devoted to literature research in China.

Shanda Reports Q3 Online Game Revenue Results

Chinese online game firm Shanda (SNDA) has announced its unaudited financial results for the third quarter ended September 30, 2008 and stated consolidated net revenues increased 42.7% year-over-year and 11.8% quarter-over-quarter to a record high of CNY936.5 million.

The9 Posts Seasonal Decline In Chinese Online Game Revenue

Chinese online game development company The9 Limited (NCTY) announced its financial results for the third quarter ended September 30, 2008 and stated that while total net revenues increased 29.3% year-over-year, they decreased 10.2% quarter-over-quarter to CNY408.4 million.

Upward Revenue Swing For Perfect World’s Game Operations

Chinese online game development firm Perfect World (PWRD) has released its results for the third quarter ended September 30, 2008.

AOL Opens Chinese Website

America Online finally opened its Chinese website on September 9, 2008.

Shanda Reports MMORPG Revenue Jump; Casual Games Decline In China

Chinese online game company Shanda (SNDA) announced its unaudited financial results for the second quarter ended June 30, 2008 showing net revenues jumped 48.4% year-over-year and 7.4% quarter-over-quarter to a record high of CNY837.6 million.

Profits Fall For Shanda’s Chinese Game Operations

Chinese game developer Shanda’s (SNDA) unaudited consolidated financial results for the first quarter ended March 31, 2008 show net income dropped to CNY288.8 million, down from CNY448.8 million in the first quarter of 2007 and CNY292.6 million in the fourth quarter of 2007. Gains Investment From Softbank

Chinese Web 2.0 company Oak Pacific Interactive’s announced on the cusp of the Chinese May 1 Labor Day holiday that its hard work had paid off in the amount of a US$430 million infusion of capital.

Rumor: Shanda’s President Says “Game Over” In China

A number of Chinese media are reporting today that Tang Jun, president of China’s leading online game operator Shanda (SNDA), will soon resign from his post.