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iCafe8 Takes 22% Stake in China Telecom's Dazzle Interactive

National Business Daily, 6/03/14

Hangzhou-based Internet cafe platform operator Hangzhou Shunwang Technology (iCafe8) (300113.SZ) has entered into a framework investment agreement with the China Culture Industry Investment Fund, China Telecom (NYSE: CHA; 0728.HK), and China Telecom's Nanjing-based game platform operator Dazzle Interactive, by which iCafe8 will acquire a 22% stake in Dazzle Interactive for RMB 220 mln. Read More

iCafe8 to Acquire Shanghai-Based Internet Cafe Service Firms

Shenzhen Stock Exchange, 9/10/13

Hangzhou-based internet cafe platform operator Shunwang (iCafe8) (300113.SZ) has reached a preliminary agreement with the shareholders of Shanghai-based internet cafe software developers Hintsoft and Paibo, as well as Shanghai-based online advertising firm Linkfield, to acquire 100% stakes in the three companies for a total sum not to exceed RMB 250 mln. Read More

iCafe8 to Facilitate Mobile App Downloads

DoNews, 6/25/12

Hua Yong, chairman of Hangzhou-based Internet café platform operator Shunwang Technology (iCafe8) (300113.SZ), recently told reporters that iCafe8 sees internet cafes becoming a channel providing mobile content, including mobile software and games. Read More

iCafe8 to Acquire Shanda Subsidiary Jisheng

Oriental Morning Post, 4/13/12

Hangzhou-based internet café platform operator Shunwang Technology (iCafe8) (300113.SZ) released a public filing yesterday announcing that it intends to acquire 100% of Chengdu-based Jisheng Technology from online media and game operator Shanda Interactive for RMB 80 mln. Read More

Tencent Acquires 4% Stake in iCafe8

DoNews, 11/16/11

Shenzhen-based internet firm Tencent (0700.HK) and Internet café platform operator Hangzhou Shunwang Technology (iCafe8) (300113.SZ) announced yesterday that Tencent has acquired a 3.98% stake in iCafe8 for RMB 130 mln.Read More

Shanda Interactive Denies Layoff Rumors

Sohu IT, 12/06/10

A spokesperson for Shanda Interactive (Nasdaq: SNDA) denied rumors that the Shanghai-based Internet company would lay off 400 employees. Read More

Netmovie to Sue iCafe8

Netease Tech, 7/02/10

Chinese digital content distributor Netmovie has submitted materials to the National Copyright Administration regarding acts of piracy by Hangzhou-based Internet cafe platform operator Shunwang Technology (iCafe8), and is considering filing a suit after collecting sufficient evidence. Read More

Internet Café Platform Operator iCafe8 to IPO

TechWeb, 6/22/10

Hangzhou-based Internet café platform operator Shunwang Technology, better known as iCafe8, issued an IPO prospectus today. Read More