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Shanda Establishes Shanda Capital

Sina Tech, 2/17/11

Wu Feng, head of investments at Shanda Interactive (Nasdaq: SNDA), revealed on his Sina Weibo microblog today that Shanda has established Shanda Capital. An industry source said Shanda had expanded its erstwhile investments department to a company-level entity. Shanda Capital will make early and mid-stage investments in mobile internet start-ups and other projects.

Shanda has yet to comment on the news.

An industry source said that the official site for Shanda Capital would be That address currently leads to a blank page with no public information - but the domain name is open for e-mail.

Editor's Note: For more background on this topic, please see "Shanda Wireless Establishes Android Developer Fund" MD 1/18/11 issue.

Keywords: Shanda Capital investment Shanda Internet SNDA Wu Feng


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