Pearl Research
Jul 1, 2008 6:39 PM
Chinese online games publisher Giant Interactive (NYSE: GA) is acquiring about 25 percent stake in Five One Network Development (51.com), a Chinese online social networking service provider, for approximately $51 million. Rumors to this effect had been circulating for a while now. Founded in 2005, 51.com claims to be the…
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Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Asia, China, 51.com, giant interactive
Joseph Weisenthal
Feb 20, 2008 5:28 PM
Chinese online gamer Giant Interactive (NYSE: GA) reported Q4 revenue of $59.6 million, up 151.8 percent from $23.6 million in the equivalent year-ago quarter. Net income soared to $45.7 million, from $7.3 million. The company said it ended the quarter with 1.4 million paying accounts, up 78.6 percent from last…
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Entertainment, Games, Money, Earnings, Countries, Asia, China, giant interactive
Joseph Weisenthal
Nov 20, 2007 5:46 PM
In its first earnings report as a public company, Chinese online gamer Giant Interactive (NYSE: GA) posted Q3 revenue of $54.1 million, up 164.2 percent from last year. Net income grew 152.6 percent to $38.7 million ($.19 per ADS). But the company’s growth isn’t so blistering on a sequential basis.…
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Entertainment, Games, Money, Earnings, Countries, Asia, China, giant interactive
Joseph Weisenthal
Nov 1, 2007 1:15 PM
Chinese MMOG developer Giant Interactive Group (NYSE: GA) announced that its IPO shares priced last night at $15.50 per share, above the $12-$14 range it had indicated last month. A total of 57.2 million shares were sold in the offering on NYSE, with 52.4 million coming from the company itself,…
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Entertainment, Games, Money, IPO, Countries, Asia, China, giant interactive
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