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Wednesday, 1 June 2011 - Shanda Games in acquisition talks with social, mobile |
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    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Analysis: Could a cyber war turn into a real one for U.S.? 31 May 2011 Debt-limit hike fails in House in symbolic vote 31 May 2011 On 911 call, Casey Anthony said tot was missing for 31 days 31 May 2011 Dutch seaside cell for Mladic 31 May 2011 Blake Lively "nude" pictures fake, publicist says 31 May 2011 Discussed 61 Judge voids controversial Wisconsin union law 51 Speculation grows over Sarah Palin’s 2012 plans 51 Air France jet crashed nose-up after 4 minute ordeal Watched Massive Australian waterspout caught on film Mon, May 30 2011 Scientists revive ancient spider in stunning 3D detail Tue, May 24 2011 GM pulls the plug Fri, May 27 2011 Shanda Games in acquisition talks with social, mobile Tweet Share this SHANGHAI (Reuters) - China's third-largest online game operator Shanda Games is in acquisition talks with some social and mobile gaming firms in the United States and Asia, its chief executive said on Wednesday. Shanda Games, which reported... Email Print Related News Sony restoring game network in Asia; to testify in U.S. Fri, May 27 2011 Sony to begin restoring PlayStation Network in Asia on May 28 Fri, May 27 2011 MGM China prices $1.5 billion IPO at top end as sector booms Fri, May 27 2011 Social phenom Zynga on cusp of mega IPO: report Wed, May 25 2011 Analysis: Sony's breach a hiccup to online game phenomenon Mon, May 23 2011 Analysis & Opinion Stirring up the hornet’s nest in Pakistan’s northwest Tech wrap: Twitter swallows TweetDeck Related Topics Technology » SHANGHAI | Wed Jun 1, 2011 12:33am EDT SHANGHAI (Reuters) - China's third-largest online game operator Shanda Games is in acquisition talks with some social and mobile gaming firms in the United States and Asia, its chief executive said on Wednesday. Shanda Games, which reported market-topping first-quarter results on Tuesday and operates online games such as "Mir 2" and "Woool" in China, is seeking to expand its overseas footprint and make a concerted push into social and mobile gaming. Shanda Games hopes to see more than 20 percent of its revenue from international markets in two to three years, up from 5.4 percent currently, the firm's Chief Executive Officer Alan Tan told Reuters in an interview. Shanda Games, which used to lead China's online games market, has lost market share to Tencent Holdings and NetEase.com over the past year. Tan said he is confident of clawing back those losses this year as the firm has a strong games pipeline. (Reporting by Melanie Lee; Editing by Jacqueline Wong) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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