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CondorGame Obtains RMB 70 Mln Funding

Tencent Tech, 4/07/11

Beijng-based online game developer and operator CondorGame has confirmed receipt of a total of nearly RMB 70 mln in joint funding from Shanghai Hua Ling Investments, adding that the first installment of funds had already been received. Read More

Kingsoft Game Studio Denies Layoff Rumors

Tencent Tech, 11/25/10

Gao Song, a spokesperson for Beijing-based software developer Kingsoft's (3888.HK) Shangshui Studio, said there was no chance of the studio being disbanded, as had been rumored, and noted that after closed beta testing of the studio's 2.5D MMORPG Du Gu Jiu Jian ends, the studio will set up a new project, meaning that the studio will not be disbanded. Read More