Looking forward to reading your analysis of Shanda’s last quarter!

I think they’re bigger than Google in China… which means something. A lot of people don’t know about their QQ message service outside of China, but it is a monster.

They don’t get coverage here since they only have a small ADR listing, not a major listing like the other guys you mentioned.

(and I own their stock)

I am actually going to blog about Shanda’s last quarter. There are some troubling indications if you look at the lower level numbers.

I think they’re bigger than Google in China… which means something. A lot of people don’t know about their QQ message service outside of China, but it is a monster.

They don’t get coverage here since they only have a small ADR listing, not a major listing like the other guys you mentioned.

(and I own their stock)

I am actually going to blog about Shanda’s last quarter. There are some troubling indications if you look at the lower level numbers.

I think they’re bigger than Google in China… which means something. A lot of people don’t know about their QQ message service outside of China, but it is a monster.

They don’t get coverage here since they only have a small ADR listing, not a major listing like the other guys you mentioned.

(and I own their stock)

I am actually going to blog about Shanda’s last quarter. There are some troubling indications if you look at the lower level numbers.

I think they’re bigger than Google in China… which means something. A lot of people don’t know about their QQ message service outside of China, but it is a monster.

They don’t get coverage here since they only have a small ADR listing, not a major listing like the other guys you mentioned.

(and I own their stock)

I am actually going to blog about Shanda’s last quarter. There are some troubling indications if you look at the lower level numbers.

Tencent is a huge player, of course. Some quick stats on Tencent from my previously posted Virtual Goods Summit notes:

- 4000 employees, 30% of whom are in R&D
- 65% of Tencent revenue is from virtual goods
- $9-10M in revenue per quarter from ads
- Tencent’s QQ.com portal is #1 in traffic in China
- Tencent’s QQ IM is the #1 IM client in China with 250M active users
- Tencent’s QQ game portal is the #1 portal in China with 3.2M PCU
- Tencent’s Qzone is the #1 blog site in China with 62M active users

Also, those revenues are up from last year, they are up only 6% over the last quarter… and the revenue per paying players dropped 1.6%… not so good.

Also, those revenues are up from last year, they are up only 6% over the last quarter… and the revenue per paying players dropped 1.6%… not so good.

Also, those revenues are up from last year, they are up only 6% over the last quarter… and the revenue per paying players dropped 1.6%… not so good.

Also, those revenues are up from last year, they are up only 6% over the last quarter… and the revenue per paying players dropped 1.6%… not so good.