Grand games and Jinshan announced the establishment of a joint venture

Source: Internet
Author: User
Keywords Joint venture company Jinshan Software Shanda Games online gaming industry revenue for the renminbi
December 28 Afternoon news, Shanda Games and Jinshan will jointly fund the establishment of joint ventures. Both sides will be the first in the research and development and operation of the two closely integrated, for a variety of products to cooperate.  In addition, Shanda games and Jinshan will also promote joint venture products overseas market expansion.  Shanda Games and Jinshan in Beijing this afternoon jointly convened a conference, announced that the two sides have reached a joint venture to establish the intention of the company, Jinshan Software Chairman and CEO for Baijun, Shanda Game CEO Yu and other senior executives to attend. According to the agreement, the two sides will inject their own advantage resources to the new joint venture company, will combine the operation and research and development to create the new model, and carry out all-round and deep cooperation for many products.  People familiar with the matter said that after the establishment of the joint venture, Shanda Games will jointly promote the new company's products overseas market development work. Baijun that the cooperation between the two sides in the development of the online game industry has a milestone, "marking the ' competing ' has become the current theme, benign industry environment has gradually formed."  And Yu also said that Shanda Games will further open up the advantage of resources to look at China and the global market. This year, the grand and Jinshan cooperation between the deepening.  At the beginning of the year, the two sides announced the joint operation of "Swordsman World", "Jian Net 2" and in the coming online; earlier this month, the two sides reaffirmed the joint operation of the "sword Net 3", and the joint venture was the first time the two sides to develop in-depth cooperation. Shanda Game December 2 released the third quarter earnings show, Shanda game when Ti Ying received 1.272 billion yuan (about 186.3 million U.S. dollars), an increase of 45%, than the previous quarter growth of 10%; Net profit is 366.6 million yuan (about 53.7 million U.S. dollars), the year-on-year increase of 39%,  Rose 1% from the previous quarter. Jinshan Software November 26 released the third quarter earnings, online gaming business in the quarter of the total revenue of 162.8 million yuan, an increase of 9%. Thanks to "Jian Net 3" and other commercial operations, Jinshan online games MMORPGs in the quarter of the average monthly pay users total of 1.54 million people, compared with the same period last year, a 25% increase. (Menghong)
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