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Yunfeng Invests RMB 120 Mln in IT Management Visualization Solutions Firm Uinnova

PE Daily, 2/06/18

Beijing-based IT management visualization solutions provider Uinnova Technology recently said that it completed RMB 120 mln in Series B funding from Yunfeng Capital at the end of 2017. Read More

Giant, Yunfeng to Join Series C Investment in Housing Rental Platform Mogo Room

Giant Network Group, 12/30/17

PC and mobile online game developer and operator Giant Network Group (002558.SZ) and its wholly owned subsidiary Giant Investment (HK) will participate in Series C+ funding for Bennet Holding, operator of housing rental platform Mogo Room. Read More

Longzhu Games Broadcast to Invest RMB 1 Bln in Gamecasting Industry

Tencent Tech, 6/27/17

Taicang-based Juyitang Network Technology, operator of video gamecasting platform Longzhu Games Broadcast, will invest RMB 1 bln in the gamecasting industry, and will look to gain a foothold in the gaming, sports, broader entertainment, and e-commerce industries, announced CEO Chen Qidong. Read More

Alibaba's Sports Business to Raise RMB 1.2 Bln in Series A Funding

Tencent Finance, 4/10/17

Alibaba Sports, a subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently confirmed that it has begun soliciting Series A funding, and that it is looking to sell a 15% equity stake to raise RMB 1.235 bln at an RMB 7 bln valuation. Read More

New Century Cruise to Acquire Social and Mobile Games Business Playtika

New Century Cruise, 9/28/16

Chongqing-based cruise ship operator New Century Cruise (002558.SZ), the shell company of online game developer and operator Giant Interactive, has announced a plan to acquire all of the class A shares of Alpha Frontier, the parent company of leisure and social gaming company Playtika Holding Corp., through a combination of privately issued stock and cash. Read More

Ali Sports, Giant Interactive Partner on Mobile E-sports

Sina Tech, 9/09/16

Ali Sports, the sports subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced that it has formed a mobile e-sports strategic partnership with Chinese online game developer and operator Giant Interactive and will invest RMB 100 mln in Giant Interactive's mobile casual game Battle of Balls. Ali Sports and Giant Interactive will collaborate in several areas, including e-sports competition system development, competition globalization strategy, mobile e-sports user platforms and value-added services, as well as developing e-sports talent and clubs, supporting e-sports stars, creating e-sports leagues, and developing and selling derivative products based on e-sports intellectual property (IP). Read More

Gaming Firm Giant to Backdoor List through New Century Cruise

New Century Cruise, 10/31/15

Chongqing-based cruise ships and travel agency operator New Century Cruise (002558.SZ) recently announced plans to spend RMB 13.1 bln to acquire 100% of equity shares of online game developer and operator Giant Interactive Group. Read More

Rumor: Giant Interactive to List in HK

Mingpao News, 6/16/14

According to an industry insider, Chinese online game developer and operator Giant Interactive (NYSE: GA), which is currently in the process of delisting from the New York Stock Exchange (NYSE), plans to list on the Hong Kong Stock Exchange next year. Read More

Giant's Mobile Gaming Subsidiary Appoints Mid-level Managers

Sfw.cn, 4/21/14

Giant Mobile, the mobile gaming subsidiary of Chinese online game developer Giant Interactive (NYSE: GA), confirmed today that the company has completed appointment of its mid-level management team, with all related departments in operation. Read More

Rumor: Giant, Canxing Productions Partner on Mobile Gaming

Sina Tech, 4/08/14

According to a source close to Chinese online game developer and operator Giant Interactive (NYSE: GA), Giant has entered into a strategic partnership with Canxin Productions, the producer of China's popular talent show program The Voice of China, to jointly develop a line of games adapted from popular Canxin TV shows. Read More