Article: SHANDA INTERACTIVE TO STRENGTHEN STRATEGIC INVESTMENT


AsiaInfo Services
10-27-2008
Shanda Interactive to Strengthen Strategic Investment

SHANGHAI, Oct 27, 2008 (SinoCast via COMTEX) -- Shanda Interactive Entertainment Limited (Nasdaq: SNDA, Shanda Interactive) plans to strengthen strategic investment in spite of the global economic recession, disclosed Zhu Haifa, chief investment officer (CIO) for the online game development company, on October 23, 2008.

Shanda Interactive will provide abundant capital support for upstarts in accordance with their actual needs, according to Mr. Zhu. Offering virtual value-added services enables the company stay far away from the financial crisis, pointed out Diana Li, chief executive officer (CEO) for Shanda ...

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