Tianya Confirms Google Stake Buyback
TechWeb, 7/21/10
CEO Xing Ming has announced that Chinese online community Tianya will buy back Google's stake in the company, and independently operate the "Laiba" community and "Wenda" Q&A services.
Editor's Note: For more background on this topic, please see "Rumor: Tianya to Buy Back Google Stake Before IPO" MD 6/07/10 and "Google China Announces New Service Structure" MD 7/20/10 issues.
Keywords: Xing Ming Internet online community Tianya Google