Categories: Social Media News

Shanda Games’ Former CEO Launches New Website

Utan.com, a new website launched by Shanda Games’ former CEO Li Yu, has recently started beta tests and is focused on the Chinese youth market.

The website is reportedly the online part of Shanghai Yurong Network Technology Corporation, a company jointly founded by Li and her husband Chen Yao.

At present, people are allowed to visit Utan.com, but only can view the front page, introduction of the company, contact information of the website, and apply for invitation codes for the beta tests. The website has not had an official Chinese name and is currently collecting votes for the name from netizens. The website is expected to be opened to all netizens in a month, revealed Li.

According to the introduction on Utan.com, the website will be a new social media Internet community to connect people through this social gaming platform.

As the former CEO of the Chinese online game developer and operator Shanda Games, Li departed the company and started her own business after this past Spring Festival. Li said that Yurong Network has already gained tens of millions yuan of investment from unnamed venture capital firms and founders of Chinese and overseas listed companies.

Social Media Asia Editor

Recent News

India and China use illegal funds and disinformation to sway politicians, CSIS report says

Open this photo in gallery:NDP MP Jenny Kwan appears as a witness at the Foreign…

1 day ago

Mossad’s ‘unheard of’ pager attacks leave trail through Taiwan, Hungary and the Middle East

Mehul Srivastava, Kathrin Hille and Marton DunaiSep 19, 2024 – 10.02amSubscribe to gift this articleGift…

1 day ago

Historic Sumatra Squall Hits Singapore, Uproots Over 300 Trees

Gusty winds brought about by a Sumatra squall from the Strait of Malacca hit Singapore…

1 day ago

More Sunda pangolins venturing out of S’pore forests, but many wind up dead or in need of rescue

SINGAPORE – They are one of Singapore’s rarest animals, favouring forested areas and moving around…

1 day ago

Coronation Street confirms return of soap legend

Coronation Street has announced that Weatherfield stalwart Eileen Grimshaw, portrayed by Sue Cleaver since 2000,…

1 day ago

AOC accuses Israel of violating international law after page attack targeting Hezbollah

Progressive “Squad” member Rep. Alexandria Ocasio-Cortez whined about the pager attack targeting Iran-backed Hezbollah terrorists…

1 day ago