Comment on Shanda Interactive To Sell Cafe Software Unit, Latest In Flurry Of Disposals

Shanda Interactive To Sell Cafe Software Unit, Latest In Flurry Of Disposals

Hangzhou Shunwang Technology, a supplier of software for Internet cafes whose shares trade on China's Shenzhen Stock Exchange, said on Friday that it will purchase a like business from Shanda Interactive, the online gaming and entertainment company controlled by Chinese billionaire Chen Tianqiao that delisted from the Nasdaq earlier this year.

 

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