StageCorporate Minority | Alive
Last Raised$476.4M | 5 yrs ago
About Shanqu Games
Shanqu Games (盛大游戏/盛趣游戏) is an online interactive games developer based in China. It develops multi-player online role-playing games (MMORPGs) and advanced casual online games in China, as well as online chess and board games, e-sports game platform and a variety of cartoons, literature works and music.
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Expert Collections containing Shanqu Games
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Shanqu Games is included in 1 Expert Collection, including Gaming.
Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.
Latest Shanqu Games News
Feb 21, 2019
Shanda Games Inches Closer to Backdoor Listing in Shenzhen Xu Wei Shanda Games Inches Closer to Backdoor Listing in Shenzhen (Yicai Global) Feb. 21 -- Shenzhen-listed Zhejiang Century Huatong Group has obtained conditional approval to purchase the remaining 9.08 percent of equity in Shanda Games so it can complete the publisher's backdoor listing in China. The China Securities Regulatory Commission has greenlit the vessel to issue shares, purchase assets in cash, raise funds and conduct related transactions in order to obtain outstanding shares in Shanda's Shanghai-based operator Shengyue Network Technology, Century Huatong said in a statement yesterday. Shares in the vessel were suspended yesterday and opened 9 percent higher at CNY24.0 (USD3.6) this morning, before ending the early session at CNY23.02. It proposed to buy the stake eight months ago for CNY29.8 billion (USD4.4 billion), after collecting a an almost 91 percent stake in the target, which had the Nasdaq's biggest initial public offering of 2009 -- just over USD1 billion -- before beginning to privatize in 2014. It delisted late in 2015 at a value of USD1.9 billion. The firm has not received official approval documents but will make a further announcement once it can proceed with the deal, Century Huatong added. Editor: James Boynton
Shanqu Games Frequently Asked Questions (FAQ)
When was Shanqu Games founded?
Shanqu Games was founded in 1999.
Where is Shanqu Games's headquarters?
Shanqu Games's headquarters is located at No 1 Office Building, Shanghai.
What is Shanqu Games's latest funding round?
Shanqu Games's latest funding round is Corporate Minority.
How much did Shanqu Games raise?
Shanqu Games raised a total of $476.4M.
Who are the investors of Shanqu Games?
Investors of Shanqu Games include Tencent Holdings and Management Buyout (MBO).
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