The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Shanda

Industry Moves
Four Months After IPO, Shanda Games CEO Li Leaves

Jan 25, 2010 10:55 PM

Shanda (NSDQ: SNDA) Games CEO Diana Li is leaving the online game company only four months after overseeing its IPO. Shanda Games says Li is resigning to “pursue other interests.” As CEO of a publicly-traded Shanda Games, Li had been aggressive in expanding the company via acquisitions. This month alone,…

Keep Reading »

Posted In: Entertainment, Games, Industry Moves, Social Media, diana li, shanda

Shanda Games Gobbles Up Mochi Media For $80 Million

Jan 12, 2010 1:09 AM

China’s Shanda (NSDQ: SNDA) Games is on a buying spree. Its latest acquisition is of Flash-based game distribution and monetization platform Mochi Media. The company expects the $80 million deal—$60 million in cash, and $20 million in equity retention agreements—to close in Q1. Founded in 2006, S.F.-based Mochi Media raised…

Keep Reading »

Posted In: Entertainment, Games, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Asia, China, mochi media, shanda

Industry Moves
Shanda Online Brings In Yahoo Ad-Targeting Vet Zhu As Its New CTO

Dec 1, 2009 6:03 PM

Shanda (NSDQ: SNDA) Online, the ad and content-serving arm of Shanda Interactive, has reeled in *Yahoo* alum Dr. Jing Zhu as its new CTO. Zhu spent eight years with Yahoo (NSDQ: YHOO), most recently serving as a senior director of the team that developed its contextual ad-targeting platform; the company…

Keep Reading »

Posted In: Advertising, Industry Moves, Companies, Yahoo, Countries, Asia, China, shanda

Shanda’s Hurray Acquires Video Site Ku6.com

Nov 27, 2009 12:35 PM

China’s Shanda (NSDQ: SNDA) is adding online video to its growing digital media empire, through the acquisition of user-gen video site Ku6.com. It’s an all-stock deal; Ku6 will keep its name, becoming a subsidiary of Hurray, the mobile content company Shanda bought out this summer. Full financials were not disclosed,…

Keep Reading »

Posted In: Entertainment, Games, Money, M&A & Venture Capital, Social Media, Video, Countries, Asia, China, shanda

Shanda’s Lukewarm IPO Fails To Live Up To The Hype

Sep 27, 2009 10:52 PM

*Shanda* Games can lay claim to the title of the biggest U.S. IPO so far in 2009—but the gaming company still failed to live up to the tremendous hype around its launch. A spinoff of Shanghai-based Shanda Interactive Entertainment, the newly-public company priced its shares at $12.50 upon opening on…

Keep Reading »

Posted In: Entertainment, Games, Money, IPO, Countries, Asia, China, changyou, shanda

Shanda’s Gaming Spinoff IPO to Open Tomorrow Morning; Expected Raise $1 Billion

Sep 25, 2009 12:47 AM

Shanda (NSDQ: SNDA) Games, the online gaming spinoff from the big Chinese portal company, is teaching something to the U.S. companies: it is slated to debut its IPO tomorrow morning on Nasdaq, and expected to raise just over $1 billion in it. This will make it the biggest U.S. IPO…

Keep Reading »

Posted In: Entertainment, Games, Money, IPO, Countries, Asia, China, shanda

Shanda Spinning Off Gaming Unit in IPO on Nasdaq; $800 Million Expected

Sep 3, 2009 11:56 PM

Shanda Interactive Entertainment (NSDQ: SNDA) , the Chinese digital entertainment company, is following the footsteps of its rival company Sohu (NSDQ: SOHU), and is planning to spin off its gaming unit for an IPO on Nasdaq, the company announced today. The IPO is expected to raise as much as $800…

Keep Reading »

Posted In: Entertainment, Games, Money, IPO, Countries, Asia, China, shanda

EA Buys Korean Online Game Developer J2M; Shanda Invests In Two Chinese Gaming Firms

Dec 2, 2008 9:17 PM

Three gaming related deals in Asia:—Electronic Arts (NSDQ: ERTS) has increased its presence in Korea, after buying the mobile gaming arm of Hands-On earlier this year: it has now bought J2MSoft, a Korean developer of PC and online games. J2M develops free-to-play online games that are monetized through micro-transactions and…

Keep Reading »

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Asia, China, Korea, electronic arts, shanda

Earnings
Earnings: Shanda Q1 Revs Up 46.5 Percent; Income Falls On Absence Of Stock Sale

May 28, 2008 6:35 AM

Chinese media firm Shanda (NSDQ: SNDA) reported Q1 revenue of $111.1 million, a 46.5 percent year-over-year increase. Growth was driven by its core MMO business, which had revenue growth of 54.8 percent to $91.3 million. Net income fell 35 percent in the quarter to $41.2 million, however this was primarily…

Keep Reading »

Posted In: Money, Earnings, Countries, Asia, China, shanda

Earnings
Earnings: Shanda Revs Up 52 Percent; Income Up 22 Percent

Feb 25, 2008 6:31 PM

Chinese internet firm Shanda (NSDQ: SNDA) has reported Q4 revenue of $97.8 million, up 51.8 percent year-on-year. Net income was up 21.8 percent to $40.1 million. A 59.4 percent rise in MMORPG revenue was a strong contributor to growth. Casual games revenue was up 11.7 percent. The company ended the…

Keep Reading »

Posted In: Entertainment, Games, Money, Earnings, Countries, Asia, China, shanda

Got a Tip?

All tips are anonymous

See Our Q4 2011 Earnings Snapshot »

The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

YouTube Videos YouTube Videos
1. Facebook Parenting: For the troubled…
2. Woolly Mammoth found alive in Siberia?
3. 'Woolly Mammoth' spotted in Siberia?
4. Kobe Bryant on Jeremy Lin: 'What the…
5. re: Facebook Parenting: For the troubled…
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff