Investment bank bullish Shanda game product line is a strength
Source: Internet
Author: User
KeywordsShanda Games Grand games Grand games investment lines investment lines investment lines grand games Grand games investment bank investment bank Shanda Games Grand games investment lines investment lines Shanda games investment lines Shanda games investment lines Shanda Games Grand games investment lines investment lines Shanda games investment lines Shanda games investment lines Shanda games Investment
The Shanda game released its performance report for the fourth quarter and the full year of 2009 on March 1. In the fourth quarter of 2009, net revenues from Shanda games reached a record high of 1.336 billion yuan, up 39% from a year earlier, up 5% from the previous quarter, according to earnings reports. After the report, Morgan Stanley, a prominent investment bank and market analyst, commented on the performance report of the Shanda game, bullish on profits for the next three years and rating it as "overweight". Morgan Stanley made this assessment, mainly based on Shanda game rich and powerful product line. Morgan Stanley points out that Shanda has the largest number of online games in the Chinese market and has planned to increase its game operations to more than 100 in the next few years; second, the Grand game announced in January this year will have 50,000 web games of the world's leading web game platform Mochi Acquisition, The move could win over 140 million users worldwide for Shanda games to promote the mochi of other games. In addition, Shanda is still strengthening its cooperation with companies such as Jinshan software, for example, the two sides plan to jointly set up joint ventures in order to use Jinshan software company's influence and research and development efforts to promote their own growth; Finally, Shanda also invested 40 to 50 games and gaming companies through its "18 funds". So far this investment has been as high as 600 million yuan, more than doubled. Tan, Chairman and CEO of Shanda Games, said at the earnings meeting that there will be a number of important products to launch this year, and more mature game studios will be acquired in the future. I believe this will promote the development of the Grand game performance.
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