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Rumor: B-Ray Media to Acquire G-bits Network
Tencent Tech, 7/25/12
An industry source revealed today that Chengdu-based B-Ray Media Corporation (600880.SH) plans to acquire Xiamen-based G-bits Network Technology, developer of online games including AskTao, for RMB 1 bln. Read More
Shanda Drops Online Board Game Copyright Lawsuit
DoNews, 1/06/11
Hangzhou Bianfeng, the chess and board game developer subsidiary of Shanda Interactive (Nasdaq: SNDA), has dropped its copyright infringement lawsuit against Hangzhou Quwan Digital Technology, possibly signaling Shanda's intention to acquire Quwan, according to one industry insider. Read More
Quwan Obtains USD 10 Mln in Second-Round Funding
Legal Evening News, 9/08/10
CEO Zhou Pin of Beijing Wanzhe Tianxia Network Technology Co., Ltd., which operates B2C e-commerce site Quwan.com, has confirmed that his company has completed second-round funding of nearly USD 10 mln from Trust Bridge Partners and first-round investor Matrix Partners. Read More
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