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Shanda
Shanda Group is a privately-owned multinational investment firm. With offices in Shanghai, Singapore, Hong Kong, New York and Redwood City, the firm invests in public markets, real estate and venture capital, focusing on companies in the fields of healthcare, financial services, media, and technology. The company was established in December 1999 as Shanda Interactive Entertainment Limited, an online gaming company known for publishing and operating games such as '' The World of Legend'' and '' Magical Land''. By 2004 Shanda was the largest online game company in China, and its listing on the NASDAQ that year under ticker SNDA was the largest IPO for a Chinese internet company in the United States. Shanda Interactive later diversified and its gaming unit spun off in 2009, raising $1.04 billion in an IPO (GAME). Shanda Group was taken private in 2012 by its founders, and by 2017 it had $8 billion in net assets under management. History 1999-2003: Start in online gaming Shanda I ...
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Shanda Games
Shanda Group is a privately-owned multinational investment firm. With offices in Shanghai, Singapore, Hong Kong, New York and Redwood City, the firm invests in public markets, real estate and venture capital, focusing on companies in the fields of healthcare, financial services, media, and technology. The company was established in December 1999 as Shanda Interactive Entertainment Limited, an online gaming company known for publishing and operating games such as '' The World of Legend'' and '' Magical Land''. By 2004 Shanda was the largest online game company in China, and its listing on the NASDAQ that year under ticker SNDA was the largest IPO for a Chinese internet company in the United States. Shanda Interactive later diversified and its gaming unit spun off in 2009, raising $1.04 billion in an IPO (GAME). Shanda Group was taken private in 2012 by its founders, and by 2017 it had $8 billion in net assets under management. History 1999-2003: Start in online gaming Shanda I ...
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Chen Tianqiao
Chen Tianqiao (); born 1973) is a Chinese businessman and philanthropist. (published 01-25-20) (published 12-21-20) (published 05-23-20) His wealth is estimated at US$4 billion. Chen moved from Shanghai to Singapore in 2009 and then to the Bay Area, California in 2017. (published 11-02-2017) He co-founded the Tianqiao and Chrissy Chen Institute in 2016. Early life and education Chen was born in 1973 in a city in the Zhejiang Province, China. With his father working as an engineer and his mother teaching middle school English, Chen and his younger brother Danian grew up near Shanghai. In 1993 He earned a bachelor's degree in economics from Fudan University. Career Chen joined the state-run property developer Shanghai Lujiazui Group in 1994, holding management positions in the public relations office and also secretary of the chairman. In 1998 he became vice director of the office of the president of Kinghing Trust & Investment. Chen resigned from this role in 1999. He started ...
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WeMade Entertainment
Wemade Co., Ltd (formerly Wemade Entertainment Co., Ltd) is a South Korean video game developer, based in Seongnam. They are the creators of the Legend of Mir series of MMORPGs, the two most successful being '' The Legend of Mir 2'', and its sequel ''The Legend of Mir 3''. ''Legend of Mir'' has attracted over 120 million users in Asia, and generated over $65 million a month in revenue during its height. Even today, in its ninth year of operation, ''Legend of Mir 2'' still generates well over $20 million a month in China alone. According to Forbes, Wemade's founder, Kwan Ho Park, has a net worth of $1.2 billion, as of October 19. History Wemade was founded on February 10, 2000, by the original ''Legend of Mir'' developers. They chose the name WeMade Entertainment to acknowledge a copyright infringement lawsuit filed by their South Korean publishing partner Actoz against the Chinese game operator Shanda. Shanda had copied ''Legend of Mir'' under the name ''The World of Legend'', ...
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Chen Danian
Chen Danian (, born 1978), also known as Danny Chen, is a notable Internet entrepreneur. He is the founder and CEO of LinkSure. The company launched the world’s largest and first-of-its-kind WiFi sharing app, WiFi Master Key. He is the co-founder and was previously COO of Shanda (NASDAQ: SNDA), which became the largest Internet company in China by market capitalization in 2004. In 2016, Chen is listed on 40 under 40 (Fortune magazine) as one of most influential young leaders in China. Chen is also ranked 43rd on Fortune’s 2017 list of The Top 50 Most Influential Business Leaders in China. See also * WiFi Master Key WiFi Master (formerly WiFi Master Key) is a peer-to-peer Wi-Fi sharing mobile application software for free Wi-Fi access developed by LinkSure Network. It uses cloud computing, big data and principles of the sharing economy. The company's founde ... References {{DEFAULTSORT:Chen, Danian 1978 births Living people Shanda people Businesspeople from S ...
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Legend Of Mir 2
''The Legend of Mir 2'' ( ko, 미르의 전설 2) is a sprite-based isometric 3-D massively multiplayer online role-playing game developed by Korean-based WeMade Entertainment. There are currently two versions available: Korean Mir and Chinese Mir. The European version (published by Game Network) came to a close on 31 March 2009, after running for 8 years, and the North American version (published by Gamepot) came to a close on 14 May 2012. Whilst being moderately successful in Europe, it has been incredibly well received in Asia and was the most popular MMORPG in China in 2002 and 2003, with over 250,000 simultaneous users being reported. The game has also claimed to have 120 million players worldwide. The sequel, ''The Legend of Mir 3'', has a very similar gameplay but has updated graphics, as well as providing larger maps. It has not quite reached the popularity levels of its predecessor and has so far been released in the same countries as ''Mir 2'', as well as in North Amer ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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China Daily
''China Daily'' () is an English-language daily newspaper owned by the Central Propaganda Department of the Chinese Communist Party. Overview ''China Daily'' has the widest print circulation of any English-language newspaper in China. The headquarters and principal editorial office is in the Chaoyang District of Beijing. The newspaper has branch offices in most major cities of China as well as several major foreign cities including New York City, Washington, D.C., London, and Kathmandu. The paper is published by satellite offices in the United States, Hong Kong, and Europe. ''China Daily'' also produces an insert of sponsored content called ''China Watch'' that has been distributed inside other newspapers including ''The New York Times, The Wall Street Journal'', ''The Washington Post'', and ''Le Figaro''. Within mainland China, the newspaper targets primarily diplomats, foreign expatriates, tourists, and locals wishing to improve their English. The China edition also o ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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