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Shengqu Games

Shengqu Games is a publisher and operator of online games based in Shanghai, China. Founded in 1999 as Shanda Interactive Entertainment Limited, it spun off from Shanda Interactive in 2009 and is currently owned by Zhejiang Century Huatong. Shanda's published and operated games include AION, MapleStory, The World of Legend, The Age, Magical Land, Ragnarok Online, Dungeons & Dragons Online, Crazy Arcade, GetAmped and Final Fantasy XIV (in mainland China) among others.

Shengqu Games
TypePrivate
IndustryVideo games
Founded1999
HeadquartersShanghai, China
Key people
Xiaoqiang Hou (CEO)
ParentZhejiang Century Huatong
WebsiteShandaGames.com (Chinese) Shanda Games Online (Chinese)

History edit

Shanda Interactive Entertainment Limited was founded in December 1999 by Chen Tianqiao, Chrissy Luo, and Chen Danian.[1] In September 2001, Shanda published its first game, The Legend of Mir 2 (热血传奇), which was licensed from a Korean company, WeMade Soft.[1] In 2003, a dispute over profit sharing caused the relationship to fracture between Shanda and WeMade. No longer able to operate The Legend of Mir 2, Shanda developed the game The World of Legend (传奇世界), which began operation in June 2003. Shanda transferred all user data from The Legend of Mir 2 into the new game, promising its customers that their character, points, armors and weapons would remain the same. WeMade Entertainment deemed The World of Legend to be a copy of Mir 2 and sued Shanda for copyright infringement in October 2003. After a prolonged legal battle, the two companies reached a settlement on April 26, 2009.[2] By October 2004, Shanda operated eight games and was the largest online game company in China, hosting 1.2 million simultaneous players.[3]

By June 2008, Shanda Games Limited had become a business unit of Shanda Interactive.[4] In 2009, Shanda Interactive spun off Shanda Games in the largest IPO in the United States that year under the ticker: GAME,[5] raising US$1.04 billion.[6][7] At the time, Shanda Games provided 77 percent of Shanda Interactive's revenue.[8] Shanda Group founder Tianqiao Chen subsequently sold his stake in Shanda Games in 2014.[9] In 2017, the Shanda Games brand was acquired by Zhejiang Century Huatong Group.[10][11][12]

On March 30, 2019, following a buyout by Zhejiang Century Huatong Group, Shanda Games changed their name to Shengqu Games.[13]

Subsidiaries and sub-organization edit

"Aurora Technology" and "Eyedentity Games" are subsidiary of "Shengqu Games" company. "Actoz Soft" is sub-organization.

Products edit

Video games edit

Hardware edit

  • Ez Station, game console[15]
  • Ez MINI, handheld game console[16]

See also edit

References edit

  1. ^ a b "Top 10 biggest IPOs by game manufacturers". China Daily. June 17, 2014. Retrieved November 20, 2018.
  2. ^ Lv, Jiayu (2009-04-26). "(Simplified Chinese) Shanda MIR Copyright Infringement Legal Case Finally Settled in Second Half of 2009". games.qq.com. Tencent. Retrieved 2010-01-03.
  3. ^ Roth, Daniel (October 4, 2004). "In Search of China's Bill Gates". CNN. Retrieved November 29, 2018.
  4. ^ "Danian Chen". Bloomberg. Retrieved November 29, 2018.
  5. ^ Sayantani, Ghosh (October 17, 2011). "Shanda Interactive CEO offers to take company private". Reuters. Retrieved November 20, 2018.
  6. ^ "Shanda Entertainment History". Shanda.com. Retrieved November 29, 2018.
  7. ^ Rege, Alyssa (August 17, 2017). "Why Chinese billionaire Tianqiao Chen transitioned from investing in video games to CHS, neuroscience". Beckers Hospital Review. Retrieved November 29, 2018.
  8. ^ Barboza, David (February 15, 2012). "Shanda Interactive's Shareholders Back Buyout Plan". The New York Times. Retrieved November 29, 2018.
  9. ^ "Entertainment Titan's New Career". Beijing Review. December 11, 2014. Retrieved November 29, 2018.
  10. ^ "Zhejiang Century Huatong Group shareholders acquire 47.9 pct stake in Shanda Games Limited". Reuters. 2017-07-14. Retrieved 2018-04-12.
  11. ^ "BRIEF-Zhejiang Century Huatong's shareholders to acquire remaining stake in Shanda Games". Reuters. 2017-08-28. Retrieved 2018-04-12.
  12. ^ Jourdan, Adam (February 8, 2018). "China's Tencent to invest $474 million in Shanda Games". Reuters. Retrieved November 20, 2018.
  13. ^ "Shengqu Games – Former Chinese giant Shanda Games re-brands under new management". MMO Culture. 2019-03-30. Retrieved 2019-07-09.
  14. ^ . News.xinhuanet.com. 2006-08-29. Archived from the original on 2016-03-04. Retrieved 2014-08-06.
  15. ^ Dickie, Mure (February 13, 2007). "Shanda shake-up delivers boost to sales". Financial Times. Retrieved December 5, 2018.
  16. ^ Dickie, Mure (February 28, 2006). "Shanda profit hit by free-to-play model". Financial Times. Retrieved December 5, 2018.

External links edit

  • ShandaGames.com (Chinese)
  • Shanda Games Online (Chinese)
  • Shanda – English

shengqu, games, publisher, operator, online, games, based, shanghai, china, founded, 1999, shanda, interactive, entertainment, limited, spun, from, shanda, interactive, 2009, currently, owned, zhejiang, century, huatong, shanda, published, operated, games, inc. Shengqu Games is a publisher and operator of online games based in Shanghai China Founded in 1999 as Shanda Interactive Entertainment Limited it spun off from Shanda Interactive in 2009 and is currently owned by Zhejiang Century Huatong Shanda s published and operated games include AION MapleStory The World of Legend The Age Magical Land Ragnarok Online Dungeons amp Dragons Online Crazy Arcade GetAmped and Final Fantasy XIV in mainland China among others Shengqu GamesTypePrivateIndustryVideo gamesFounded1999HeadquartersShanghai ChinaKey peopleXiaoqiang Hou CEO ParentZhejiang Century HuatongWebsiteShandaGames com Chinese Shanda Games Online Chinese Contents 1 History 2 Subsidiaries and sub organization 3 Products 3 1 Video games 3 2 Hardware 4 See also 5 References 6 External linksHistory editShanda Interactive Entertainment Limited was founded in December 1999 by Chen Tianqiao Chrissy Luo and Chen Danian 1 In September 2001 Shanda published its first game The Legend of Mir 2 热血传奇 which was licensed from a Korean company WeMade Soft 1 In 2003 a dispute over profit sharing caused the relationship to fracture between Shanda and WeMade No longer able to operate The Legend of Mir 2 Shanda developed the game The World of Legend 传奇世界 which began operation in June 2003 Shanda transferred all user data from The Legend of Mir 2 into the new game promising its customers that their character points armors and weapons would remain the same WeMade Entertainment deemed The World of Legend to be a copy of Mir 2 and sued Shanda for copyright infringement in October 2003 After a prolonged legal battle the two companies reached a settlement on April 26 2009 2 By October 2004 Shanda operated eight games and was the largest online game company in China hosting 1 2 million simultaneous players 3 By June 2008 Shanda Games Limited had become a business unit of Shanda Interactive 4 In 2009 Shanda Interactive spun off Shanda Games in the largest IPO in the United States that year under the ticker GAME 5 raising US 1 04 billion 6 7 At the time Shanda Games provided 77 percent of Shanda Interactive s revenue 8 Shanda Group founder Tianqiao Chen subsequently sold his stake in Shanda Games in 2014 9 In 2017 the Shanda Games brand was acquired by Zhejiang Century Huatong Group 10 11 12 On March 30 2019 following a buyout by Zhejiang Century Huatong Group Shanda Games changed their name to Shengqu Games 13 Subsidiaries and sub organization edit Aurora Technology and Eyedentity Games are subsidiary of Shengqu Games company Actoz Soft is sub organization Products editVideo games edit This list is incomplete you can help by adding missing items November 2018 Bomb and Bubble Company of Heroes Online MMO real time strategy computer game Chinese Heroes online video game 14 Dragon Ball Online Dragon Nest Dungeons amp Dragons Online Fallout Shelter Online Final Fantasy XIV Online GetAmped LaTale Magical Land MapleStory Ragnarok Online RWBY Shanda Rich Man Super Star First Online Karaoke Game The Age The Legend of Mir 2 licensed from WeMade Soft The Sign The World of Legend Three Kingdoms Borderlands OnlineHardware edit Ez Station game console 15 Ez MINI handheld game console 16 See also edit nbsp Companies portal nbsp Video games portalOnline gaming in China List of game companies in Singapore List of video game developers List of video game publishersReferences edit a b Top 10 biggest IPOs by game manufacturers China Daily June 17 2014 Retrieved November 20 2018 Lv Jiayu 2009 04 26 Simplified Chinese Shanda MIR Copyright Infringement Legal Case Finally Settled in Second Half of 2009 games qq com Tencent Retrieved 2010 01 03 Roth Daniel October 4 2004 In Search of China s Bill Gates CNN Retrieved November 29 2018 Danian Chen Bloomberg Retrieved November 29 2018 Sayantani Ghosh October 17 2011 Shanda Interactive CEO offers to take company private Reuters Retrieved November 20 2018 Shanda Entertainment History Shanda com Retrieved November 29 2018 Rege Alyssa August 17 2017 Why Chinese billionaire Tianqiao Chen transitioned from investing in video games to CHS neuroscience Beckers Hospital Review Retrieved November 29 2018 Barboza David February 15 2012 Shanda Interactive s Shareholders Back Buyout Plan The New York Times Retrieved November 29 2018 Entertainment Titan s New Career Beijing Review December 11 2014 Retrieved November 29 2018 Zhejiang Century Huatong Group shareholders acquire 47 9 pct stake in Shanda Games Limited Reuters 2017 07 14 Retrieved 2018 04 12 BRIEF Zhejiang Century Huatong s shareholders to acquire remaining stake in Shanda Games Reuters 2017 08 28 Retrieved 2018 04 12 Jourdan Adam February 8 2018 China s Tencent to invest 474 million in Shanda Games Reuters Retrieved November 20 2018 Shengqu Games Former Chinese giant Shanda Games re brands under new management MMO Culture 2019 03 30 Retrieved 2019 07 09 Xinhua English News xinhuanet com 2006 08 29 Archived from the original on 2016 03 04 Retrieved 2014 08 06 Dickie Mure February 13 2007 Shanda shake up delivers boost to sales Financial Times Retrieved December 5 2018 Dickie Mure February 28 2006 Shanda profit hit by free to play model Financial Times Retrieved December 5 2018 External links editShandaGames com Chinese Shanda Games Online Chinese Shanda English Retrieved from https en wikipedia org w index php title Shengqu Games amp oldid 1183259191, wikipedia, wiki, book, books, library,

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