Shanda Games: 80% of Revenue from Self-Developed Titles
BiaNews, 10/22/10
Tan Qunzhao, chairman and CEO of Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive (Nasdaq: SNDA), recently revealed that 80% of Shanda Games' revenue comes from self-developed games. Tan added that Shanda Games expects overseas revenue to exceed USD 30 mln this year and reach USD 60 mln in 2011.
Shanda Games currently employs nearly 700 R&D personnel in Korea. Shanda Games has established overseas subsidiaries in Singapore and San Francisco, responsible for the Southeast Asia and North America markets.
Keywords: Shanda Shanda Games Tan Qunzhao Internet overseas revenue SNDA R&D GAME self-developed game
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