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Searching for "HRAY"
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Hurray Leaves Shanda Interactive
Tencent Tech, 4/18/12
Qu Haibin, former CEO of Chinese online media and game operator Shanda Interactive's defunct wireless value-added services subsidiary Hurray (also known as Shanda Wireless), confirmed recently that Hurray and Shanda had quietly signed a management buy-out (MBO) agreement on December 15, 2011, officially ending Hurray's relationship with the Shanda system. Read More
Rumor: Ku6 Spins Off Interactive Entertainment Division
Sina Tech, 9/14/11
Shanda Interactive's (Nasdaq: SNDA) online video subsidiary, Ku6 (Nasdaq: KUTV), has reportedly spun off its interactive entertainment division to be operated by audio-production subsidiary Radio-Arts under the "Bale" brand. Read More
Shanda Interactive Denies Layoff Rumors
Sohu IT, 12/06/10
A spokesperson for Shanda Interactive (Nasdaq: SNDA) denied rumors that the Shanghai-based Internet company would lay off 400 employees. Read More
Hurray's Nasdaq Listing to Rename as Ku6
Beijing Times, 7/19/10
Kevin Li (Li Shanyou), CEO of Shanda Interactive's (Nasdaq: SNDA) online video subsidiary Ku6, has revealed that Shanda's wireless value-added service provider subsidiary Hurray (Nasdaq: HRAY) will convene a shareholders meeting at the end of July to change Hurray's official Nasdaq-listed name to Ku6, and also change the company's ticker code accordingly.Read More
Hurray Sells Music, WVAS Businesses to Shanda
Shanda IR, 6/01/10
Chinese interactive entertainment media company Shanda Interactive (Nasdaq: SNDA) today announced a definitive agreement to purchase the music and WVAS businesses of its subsidiary Chinese wireless value-added service provider Hurray (Nasdaq: HRAY). Read More
Shanda to Form Online Entertainment Co with CNTV
Tencent Tech, 3/15/10
Chinese internet company Shanda Interactive (Nasdaq: SNDA) and CCTV's national online TV station CNTV have announced a comprehensive strategic partnership to form a jointly operated company to develop online games. Read More
Rumor: Hurray to Target Mobile Reading
Sohu Tech, 3/12/10
According to internal sources at Chinese wireless value-added service provider Hurray (Nasdaq: HRAY), mobile reading has recently become the company's strategic focus, and Hurray is currently positioning itself within the mobile reading market through personnel acquisition and other means. Read More
Update: Shanda-Ku6 Acquisition Rumor
DoNews, 11/26/09
Knowledgeable sources have revealed that Chinese online game developer and operator Shanda (Nasdaq: SNDA) will acquire 58% of Chinese video website Ku6 via a private offering of shares from Shanda subsidiary Hurray (Nasdaq: HRAY). Read More
Rumor: Shanda Acquires Ku6
Sina Tech, 11/25/09
Reliable industry sources have revealed that Chinese online game developer and operator Shanda (Nasdaq: SNDA) has reached an acquisition agreement to acquire online video site Ku6 at a valuation of USD 44 mln in exchange for shares of Shanda subsidiary Hurray (Nasdaq: HRAY). Read More
Best Prospect: Hurray, Shanda Acquisition Deal Fails
Sina Tech, 5/22/09
Jacky Tung, head of the Best Prospect Overseas consortium that offered to purchase a 51% stake in Chinese wireless value-added services provider and music production firm Hurray (Nasdaq: HRAY), recently said he believes Hurray has failed to reach a deal with Chinese online game developer and operator Shanda (Nasdaq: SNDA). Read More
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