Ex-Shanda Games CEO Names New Company

DoNews, 3/02/10

Li Yu, former CEO of Shanda Games (Nasdaq: GAME), said that a company name and a new project for her new company had been decided upon, with further details to be released as the company's products take form. The company will be named Shanghai Yurong Network Technologies. Products are still on the drawing board, and Li predicted an R&D period of up to six months.

An informed source said that Yurong plans to release products aimed at online interactive communities and casual gaming communities; casual gaming products will resemble those available on children's SNS 51mole.com. Li declined to offer any comment, though she stressed that the company's new projects do not involve the children's gaming market.

Keywords: Yurong casual game browser game online gaming Li Yu Internet SNS

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