Chinese internet users have reported that the domain name Tuanyouhui.com ("Group Discount") has been purchased by Nanjing Shanda Networking Co., Ltd. for a planned group buy website. Nanjing Shanda Networking is a subsidiary of Shanghai Shanda Networking, which in turn is a variable-interest entity of Shanda's (Nasdaq: SNDA) online game payment and service platform Shanda Online. This news has not yet been officially confirmed.
According to Whois.net records, Nanjing Shanda Networking Co., Ltd. registered the Tuanyouhui.com domain name on April 26, 2010.
Editor's Note: According to Whois.hichina.com, "Tuanyouhui.com" is registred to Nanjing Shanda Networking, and its DNS servers are listed as NS.SHANDA.COM.CN, NS1.SHANDA.COM.CN, and NS2.SHANDA.COM.CN.