Rumor: Bainian Obtains RMB 10 Mln VC Funding

Duowan, 8/25/09

According to an industry source, Ningbo-based online game developer and operator Bainian Games has won RMB 10 mln in venture capital. The source said it is very likely that the investor is not a professional game investment firm, but rather a market leader from an outside industry. Bainian is currently developing games for its own self-developed platform, as well as two browser games. A Bainian VP contacted via MSN Messenger would not confirm the news, but revealed that the company plans to spend RMB 2 mln in advertising for Bianli Shangdian ("Convenience Store"), a browser game developed by Shanghai Sogasoft, and the first browser game for which Bainian will act as operating agent.

Keywords: Bainian game operator browser game game developer Internet funding VC online gaming

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily