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Ourpalm to Buy 19% Stake in Korean Gaming Firm Webzen

Ourpalm, 3/08/16

Beijing-based mobile game developer Ourpalm (300315.SZ) recently announced that it will spend RMB 1.10 bln to purchase a 19.24% stake in South Korean game developer and operator Webzen, in order to support its overseas expansion strategy. Read More

Rumor: The9 President to Resign

Wabei, 6/22/09

Media reports are claiming that The9 (Nasdaq: NCTY) president Chen Xiaowei will step down in the near future. Read More