shanda-games-gets-ready-for-800-million-us-ipo

Shanda Games gets ready for $800 million US IPO

The online gaming company will be hoping to match the success of Changyou.com'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 Changyou.com, 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 role-playing games MMORPG, which are intensely time-consuming games that are often set in fantasy worlds and advanced casual games, which contain the storyline and graphics of a MMORPG without the massive time commitment....

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222