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Shanda Games: Chinese Online Gaming Company Files an IPO

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Chinese online gaming company, Shanda, has filed to go public.

From Tom Taulli, BloggingStocks:

Back in April, Changyou.com (NASDAQ: CYOU) launched its IPO and since then the stock price is up an impressive 138%. The online gaming company is based in China.

Well, now investors will get another chance at a similar offering as Shanghai-based Shanda Games Limited has filed to go public.

Founded in 2001 -- as a division of Shanda Interactive Entertainment (NYSE: SNDA) -- Shanda Games is a big player in the fast-growing space of massively multi-player online role-playing games, or MMORPGs. In fact, the company has 18 such titles in its portfolio (as well as 11 advanced casual games).

Read the full article.

Other Related Topics: China Investments , Gaming Industry , Internet Connectivity , IPO analysis

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