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CSRC Conditionally Approves 4 Gaming Company Acquisitions

Sfw.cn, 2/27/14

The China Securities Regulatory Commission (CSRC) recently announced conditional approval of gaming company-related acquisition plans from four companies, including mobile game developer Ourpalm (300315.SZ), Fuzhou-based umbrella manufacturer Susino (002174.SZ), Chinese telecom equipment manufacturer Datang Telecom (600198.SH), and Guangdong-based animation company Alpha Animation and Culture (002292.SZ). Read More

Rumor: UCWeb Acquires PP Assistant for USD 100 Mln

Sootoo, 10/18/13

According to Chinese tech media reports, third-party mobile browser developer and mobile game platform operator UCWeb has acquired Guangzhou-based Teiron, operator of mobile app store PP Assistant, for approximately USD 100 mln. Read More

Datang Telecom to Acquire Gaming Firm Yaowan

Shanghai Stock Exchange, 6/27/13

Chinese telecom equipment manufacturer Datang Telecom (600198.SH) has announced that it plans to acquire Guangzhou-based browser and mobile game developer and operator Yaowan Yule Network Technology for a combination of stock and cash valued at approximately RMB 1.70 bln. Read More

Netease SNS Platform to Introduce Browser Games

Netease Tech, 12/21/10

Gao Ting, marketing spokesperson for Chinese internet company Netease's (Nasdaq: NTES) SNS platform Menghuan Rensheng ("Dream Life"), said today that the site was examining the browser games Aoshi Tiandi, Menghuan Xiuxian, and DDTank with an eye to bringing one or more of the games to the platform. Read More