Shanda Games gets ready for $800 million US IPO

The online gaming company will be hoping to match the success of's IPO.

Shanda Games is currently pre-marketing an initial public offering of American depositary receipts ADRs that is expected to raise approximately $800 million, according to a source familiar with the situation. The deal, which is expected to be completed before the end of September, comes six months after, another Chinese gaming company, listed in the US.

Shanda Games develops, operates and licenses online games that are played in China. It has two types of games massively multi-player online...

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