CHIEF: THE9 DENIES NEGOTIATING WITH MSN CHINA
AsiaInfo Services, November, 2007
AsiaInfo Services 11-19-2007 Chief: The9 Denies Negotiating with MSN China SHANGHAI, Nov 19, 2007 (SinoCast via COMTEX) -- Zhu Jun, chairman and CEO of The9 Limited, denied the saying that it had formed a direct partnership with MSN China, in a November 15 interview. It is the first time for the Shanghai-based online game operator to give a response on the widely rumored saying that it plans to take a 50% stake in MSN China for USD 100 million.
The rumor took on substance, said sources - citing Shanghai MSN Network Communications Technology Co., Ltd. a joint venture responsible for the operation of Microsoft's instant messaging tool MSN in China - has not formed a clear commercial mode and its Chinese founder Shanghai Alliance Investment Co., Ltd. had had a plan...
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