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Rumor: Bainian Obtains RMB 10 Mln VC Funding

Duowan, 8/25/09

According to an industry source, Ningbo-based online game developer and operator Bainian Games has won RMB 10 mln in venture capital. The source said it is very likely that the investor is not a professional game investment firm, but rather a market leader from an outside industry. Bainian is currently developing games for its own self-developed platform, as well as two browser games. A Bainian VP contacted via MSN Messenger would not confirm the news, but revealed that the company plans to spend RMB 2 mln in advertising for Bianli Shangdian ("Convenience Store"), a browser game developed by Shanghai Sogasoft, and the first browser game for which Bainian will act as operating agent.

Keywords: Bainian game operator browser game game developer Internet funding VC online gaming

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