
KongZhong Corporation and Wargaming.net Announce Strategic Partnership
BEIJING, May 14, 2012 /PRNewswire-Asia/ -- KongZhong Corporation (NASDAQ: KONG), a leading provider of digital entertainment services for consumers in the PRC, today announced that it has entered into a series of agreements with Wargaming.net to create a strategic partnership for all of Wargaming.net's existing and future games in the mainland China market, including but not limited to World of Tanks, World of Warplanes and World of Battleships.
As part of this partnership, KONG's board of directors has approved the grant of warrants for the issuance of issue up to 5.0 million American Depositary Shares ("ADSs') representing ordinary shares of KONG to Wargaming.net with an exercise price of US$ 5.94 per ADS.
Global Online Gaming Report 2012
NEW YORK, May 9, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Global Online Gaming Report 2012
Global Online Gaming Market on the Upswing
In its latest "Global Online Gaming Report 2012" Hamburg-based secondary market research firm yStats.com gives a detailed account of the global online gaming market, without accounting for global online gambling.
Asia-Pacific Online Gaming Report 2012
NEW YORK, May 9, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Asia-Pacific Online Gaming Report 2012
Online Gaming Market continues to grow in the Asia-Pacific Region
The new "Asia-Pacific Online Gaming Report 2012" by Hamburg-based secondary market research firm yStats.com compiles up-to-date information on the online gaming market in the Asia-Pacific region, excluding online gambling aspects.
Giant Interactive Announces First Quarter 2012 Results
SHANGHAI, May 7, 2012 /PRNewswire-Asia/ -- Giant Interactive Group Inc. (NYSE: GA) ("Giant" or "the Company"), one of China's leading online game developers and operators, announced today its unaudited financial results for the first quarter ended March 31, 2012.
First Quarter 2012 as Compared to Fourth Quarter 2011 ("QoQ") and First Quarter 2011 ("YoY") Highlights:
Net revenue was RMB508.8 million (US$80.8 million), up 2.8% QoQ and up 26.2% YoY.

