Thursday, October 06, 2005

CDC Corporation (China.com) Acquires Casual Online Games Platform in China


From Yahoo Finance (Press Release):

"CDC Corporation (Nasdaq: CHINA) today announced it signed an agreement to acquire gametea.com ("Gametea"), a leading online casual games platform in China through its 81%-owned subsidiary, China.com Inc. Gametea currently offers its 10 million registered users over 80 online board and poker games. It has an active user base of over 1 million and its game portal reaches a concurrent user base of close to 90,000 during recent peak periods."

China Net Investor: This Acquisition underlines that China.com is getting serious about building a games business. China.com earlier this week announced that its MMOG Yulgang has amassed a massive audience of 9 million registered players, just two months since its launch.

Read more:
Yulgang Amassed 9 Million Registered Players in Two Months

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Microsoft, Yahoo Reportedly Ready To Link Instant-Messaging Services (TechWeb via Yahoo! News)
Microsoft and Yahoo are expected to announce Wednesday interoperability between each other's instant messaging service, a move that could dramatically change a market that's been dominated by America Online Inc., a newspaper reported.


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