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Stock Market & Financial Investment News

News Breaks
December 12, 2012
10:28 EDTNCTYThe9, ZTE form network technology JV, TMC News reports
The9 (NCTY) and ZTE Corporation say they will form a network technology joint venture, TMC News reports. The companies will develop an industrial demonstration base in Wuxi for value-added TV businesses, and in the coming two to three years, the JV will look to spread its interactive TV business to 90% of households and develop an interactive TV entertainment platform. Reference Link
News For NCTY From The Last 14 Days
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July 31, 2014
06:44 EDTNCTYThe9, Qihoo 360 form joint venture
The9 (NCTY) announced that The9 and Qihoo 360 (QIHU) entered into an agreement to form a joint venture. Pursuant to the joint venture agreement, The9 and Qihoo 360 will each own 50% equity interest in the joint venture and share profits according to this ratio. The9 and Qihoo 360 agreed that the joint venture will publish and operate Firefall, a game developed by a subsidiary of The9, for a three-year term in China and may be renewed for additional two years upon satisfaction of certain conditions. The license and distribution agreement will be signed separately between the joint venture and the developer.
July 29, 2014
07:42 EDTNCTYQihoo 360 rumored to establish gaming venture with The9, Marbridge Daily says
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