Shanda has invested over million dollars in Chinese Android market Goapk.com which valued the company at more than 10 million dollars. Xue Kai, co-founder of the 3rd party Android apps distribution service confirmed.

Founded in 2008, Goapk is one of the first companies ventured into Android market area. The market to date has over tens of thousands of Android applications, more than 3,000 active developer accounts, with daily download counts of over 1 million and total download counts of over 100 million since its launch.

With Android smartphone sales skyrocketing in China, and the dilemma that Google hasn’t offered something on a par with Apple’s App Store. There’re lots of 3rd party Android markets in China, including AppChina (invested by Innovation Works), which also crossed an aggregate of over 100 million downloads, HiApk(by game vendor NetDragon), Aimi8, Eoemarket and Mumayi. Competition in Android apps distribution channel has been intensified after Shanda’s investment in Goapk.

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Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.