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Goldcool Founder's E-Commerce Start-Up Obtains RMB 200 Mln in Funding

Netease Tech, 3/22/11

Ge Binbin, founder of Chinese online game developer and operator Goldcool, a subsidiary of Shanda Games (Nasdaq: GAME), has announced that his new e-commerce start-up, Yu Wang Technology, has received RMB 200 mln in first-round funding from Shanda Interactive (Nasdaq: SNDA) and two other companies, with RMB 50 mln already deposited in the company's accounts. Read More