Chinese online game developer and operator Changyou.com Limited and its majority shareholder Sohu.com Inc. have jointly announced that the two parties have entered into a definitive agreement under which Changyou.com will acquire 17173.com, a leading gaming information portal in China, from Sohu.com for USD162.5 million.
The American social gaming developer Zynga has announced that it has acquired the Beijing-based Chinese social media gaming company, XPD Media Inc.
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.
