Giant buys stake - ResearchInChina

Date:2008-07-02liaoyan  Text Size:

CYBER game operator Giant said yesterday it has used US$51 million in cash to acquire a 25-percent stake of 51.com, a Shanghai-based online community Website.

Giant will aim to integrate online game and community business through the company's biggest merger and acquisition move in its history, said Shi Yuzhu, Giant's chairman.

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