China’s BesTV says it will team with Microsoft to invest USD79 million in the establishment of a joint venture named Shanghai Baijiahe Information Technology Development Company Limited for the creation of China-made gaming consoles. With USD40.29 million cash investment, BesTV will hold a 51% stake in the joint venture; while Microsoft, with USD38.71 million cash […]
The9 announced that its interactive TV network subsidiary 9iplaytv.com had reached agreement with Beijing Gehua CATV Network to launch a gaming platform for high-definition interactive TV users.
Youa.com, the lifestyle information platform owned by Chinese search engine Baidu, has gained joint investments from the venture capital organization IDG-Accel and Qiming Venture Partners, and it will now officially start independent operations.
Chinese online game developer and publisher Shanda Games Limited today announced its unaudited consolidated financial results for the third quarter ended September 30, 2010.
