Comment on Perfect World Acquires 30 Mn Shares in Shanda Games for $100 Million by Chinese Game Developer Feiyu Technology Files for Hong Kong IPO - TechNode

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2014-04-22 00:00:00

In addition, Perfect World also joined the consortium intended for Shanda Games’ privatization drive. Perfect World will take a 5.6% stake in Shanda Game based on its currently valuation of $1.81 million. Moreover, a minor stake in Shanda Games is a less risky step to test domestic market. On the other hand, the tie-up may also offer solid supports to Shanda Games. To cooperate with a company that has wider business coverage in entertainment industry may help Shanda Games to consolidate its foothold in returning to domestic market.