May 24 Morning News, the domestic network game development and operators of the Nineth City (NASDAQ:NCTY) (hereinafter referred to as "nine cities") announced today: Nine City and Intel investment, Time Warner and Nvinvestments agencies jointly invested in strategic investments in well-known American social game development and operator Crowdstar, with a total investment of $23 million in four institutions. Crowdstar will use the money to expand the team in order to achieve multiple strategic goals such as continuing to develop and operate social games, extending to different social gaming platforms such as mobile phones, and expanding overseas markets. Crowdstar is focused on launching a variety of popular social games at Facebook, including the Happy Aquarium (Happy Aquarium), The Happy Girl (It Girl), the Happy Pet (Happy Pets) and the Pirate Tycoon (Mighty Pirates). Crowdstar's monthly active users reached nearly 30 million, according to AppData statistics, Crowdstar the Facebook app developer after Zynga and EA and other game developers. It is reported that the nine city to Crowdstar strategic investment, will further expand its social game in the field of strategic layout, and tentacles in the web games, social games, mobile games and other new media platform for more in-depth exploration. Zhu, Chairman and CEO of the Kowloon City Board, said, "The investment of Crowdstar company is an important strategic investment project after the Red5 and OpenFeint of the nine cities." The city is in talks with Crowdstar on the introduction of Crowdstar's outstanding social gaming products to the Chinese market, as well as its full cooperation with Crowdstar in the field of social gaming for mobile devices. "(Wooden wood)
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