Rumour: Shanda is going to list another of its divisions next year

A friend recently told me, Shanda, one of the leading online game company in China, is going to spin off another of its division and get it listed next year.  But, the person is not sure, which division is it.

Shanda listed its online game division, Shanda Game, in September 2009. My guess is: the next time it is going to list its e-book division.

After Shanda Game was listed, its share price kept dropping.  This is because Shanda still depends on its first 2 games (Mir 2 and WOOOL), launched 8-9 years ago, for most of its revenue and there is no major hit among all of its new games.  In other words, that business is dying.

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom