Giant, 51.com to Cooperate on Clients, Payment

DoNews, 11/14/08

Huang Shaolin, VP of Chinese social networking site (SNS) 51.com, has said that online game operator Giant (NYSE: GA) will help the company roll out client software in Internet cafes, and that the two companies will make their payment systems interoperable by the end of the year. Huang revealed that as of August, 51.com had 130 mln users, and is now approaching 140 mln. More than 25% of users log in 18 times or more per month, with an average visit length of 40 minutes.

Editor's Note: In July, Giant invested USD 51 mln in 51.com, and by August 2008, the two companies had completed integration of user accounts between their respective platforms. For more information please see "Giant Invests USD 51 mln in 51.com", MD 7/01/08 issue and "Giant, 51.com Complete Integration of User Accounts", MD 8/07/08 issue.

Keywords: online payment 51.com GA Giant Huang Shaolin Internet SNS users Giant Interactive Internet cafe online gaming Web 2.0

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