Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: Giant to Purchase Game Operator

Beijing News, 7/31/08

Informed sources claim that Chinese online game developer and operator Giant Interactive (NYSE: GA) is gearing up for a high-priced USD 500 mln purchase of a Chinese online game operator, and is already in the detailed stages of negotiation with the operator. Industry figures speculate that only game operator 9You could attract such a high valuation.

Editor's Note: Both Giant and 9You have denied such rumors, however Giant did confirm that it is in talks to purchase an online game operator. 9You's president, Wu Jun, also revealed this year's revenue target is RMB 1.2 bln.

Keywords: M&A 9You GA game operator Giant Interactive Internet online gaming Wu Jun

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports