Sunday, October 30, 2011

Notable News on RENN, CYOU, SOHU, NTES, SNDA (Oct 30, 2011)

XCSFDHG46767FHJHJF

tdp2664 China Analyst Renren Inc (NYSE:RENN) aims to develop fast-growing social games platform. In the interview with Sina Games, Chuan He, senior vice president at Renren, talks about this goal. According to Mr. He, webpage game LuanShiTianXia is a recent focus for the company. Renren will use innovative game-play and marketing methods to make the game successful in the market. Changyou.com Limited ( NASDAQ :CYOU) will launch more racing contests in Duke of Mount Deer, Sina Games reports. A recent racing contest in the game has attracted tens of thousands of players from 136 groups of servers. According to Feng Chen, a marketing executive at Changyou, this popular racing contest is only a beginning. PVE and SVS will continue to be a focus for the game's future development. In the future, the company will launch more racing contests, where players in different servers can compete against each other. Sohu.com Inc. ( NASDAQ :SOHU) executive forecasts break-even of video business in near future, China Securities Journal reports. Chun Liu, COO of Sohu Video, provided this prediction. He further said that the company will invest 100 million RMB to produce 10 original video programs to achieve differentiation against competitors. Sohu also intends to try charging for its high-end video content. NetEase.com, Inc. ( NASDAQ :NTES) will spend nearly 100 million RMB on marketing Tian Xia 3. Cunyan Fan, an executive at NetEase's online game division, told China Business News that NetEase has spent more than 200 million RMB in the research and development of 3D online games since 2003. The company's CEO Lei Ding told media earlier this year that NetEase's market share in China's 3D online game market had exceeded 50%. NetEase achieved this through its four 3D games, including World of Warcraft. Shanda Interactive Entertainment Ltd (NASDAQ:SNDA) showcases five brands and 10 new games in industry exhibition. During the 9th China International Internet Culture Exhibition, Shanda has demonstrated its first mobile game brand GameLive, along with four games currently under the brand. With the continued implement and patience of its triple A strategy, Shanda's online games revenue continues to be driven by an increasingly diverse portfolio of high quality games including Dragon Nest, Mir 2, Legend of Immortals and others. The company is opening a new chapter in online gaming by turning online gaming into open social networking community.



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...