Sina Tech, 11/25/09
Reliable industry sources have revealed that Chinese online game developer and operator Shanda (Nasdaq: SNDA) has reached an acquisition agreement to acquire online video site Ku6 at a valuation of USD 44 mln in exchange for shares of Shanda subsidiary Hurray (Nasdaq: HRAY). Read More...
BiaNews, 11/25/09
President Xu Weifeng of Chinese online P2P video service PPS (PPStream) revealed that the company recently began a new round of funding, and could become China's first video-sharing site to make a public listing. Read More...
PR Newswire, 11/25/09
Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced its unaudited financial results for Q3 2009, with net revenues reaching RMB 290.2 mln, up 9.4% year-on-year and down 20.3% quarter-on-quarter. Read More...
