Shanda Literature announced that Hou Xiaoqiang, chief executive officer of the company, has stepped down from the position, and he has been replaced by Qiu Wenyou, chairman of the company. According to a notice published by the board of directors of Shanda Literature, Hou’s resignation is due to health reasons and he needs time for […]
Shanda Games Limited has signed a final agreement with its parent company Shanda Interactive Entertainment Limited to acquire two subsidiaries from the latter.
Shen Xiaotong, chief financial officer of Ku6.com, has resigned due to personal reasons, and Feng Jie, the company’s vice president for finance, will temporarily command the CFO position.
China’s Xinhua News Agency and Shanda Interactive Entertainment Limited have signed a comprehensive strategic cooperation framework agreement for media cooperation.
