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Balance Sheet Cash Flow Statement No. 1 Intelligent Office Bldg., No. 690 Bibo Rd., Zhangjiang, Pudong New Area Shanghai 201203, China Tel. +86-21-5050-4740 Fax +86-21-5050-4740-8088 |
Type: Public
On the web:
http://www.snda.com
Employees:
3,124
Employee growth: 21.8%
Shanda is not the name of a far-out 1970s disco queen, but its digital content does promise to be legendary. The company also offers a variety of cartoons, literature, and music online. The company was one of the largest operators of online games in China through Shanda Games (producer of the popular Massively Multiplayer Online Role-Playing Games such as The Legend of Mir II and The World of Legend). In 2009 it spun off Shanda Games, raising a whopping $1 billion in an initial public offering in the US on Nasdaq. (The deal represents the biggest US offering to date by a Chinese Internet firm.) As a result of the IPO, Shanda Interactive maintains a controlling ownership interest in Shanda Games.
Key numbers for fiscal year ending December, 2008:
Sales: $520.7M
One year growth: 54.4%
Net income: $182.1M
Income growth: (4.6%)
Officers:
Chairman and CEO: Tianqiao Chen
COO and Director: Danian Chen
VP; CTO, Shanda Games: Jisheng Zhu
Competitors:
Electronic Arts
Sony Online Entertainment
TOM Online
