Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Snail Game Secures Funding, Reveals Statistics

Sina Tech, 7/18/08

Snail Game founder Shi Hai revealed in an interview that his company has completed its second round of funding, with details on investors and listing plans to be announced in August. Shi said that Snail Game made over RMB 30 mln in profits in 2007, and expects profits of nearly RMB 90 mln on revenues of nearly RMB 200 mln for 2008. The company hopes to expand to 4,000 or 5,000 people within the next three years, from its current 600 or 700, more than 400 of whom are R&D staff.

Keywords: Shi Hai profit revenue HR funding Internet R&D Snail Game investment IPO online gaming second-round


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports