Cloudary Corporation, the wholly-owned Internet literature subsidiary of Shanda Interactive Entertainment Limited, has announced a strategic investment in Byread.com, a Chinese mobile reading platform, and the two parties will implement cooperation in providing copyrighted contents in China. According to official statistics from Cloudary, at present Cloudary has put over 10,000 books on the client of [...]

Shanda Literature, the Internet literature subsidiary of China's Shanda Interactive Entertainment Limited, has announced that it has acquired the Chinese digital periodical website Zubunet.com. According to Shanda Literature, Zubunet.com's resources will be integrated into its Cloudary, which is a cloud library, and will further achieve a seamless access to its electronic reader product Bambook. With [...]

Shanda Interactive Entertainment has decided the final retail price of CNY999 for its electronic reader product Bambook, and a new reservation system has been launched for the marketing of this new product. Bambook will be officially launched on September 28, 2010, with an updated software version. Prior to this, the product was put into the [...]

Shanda Literature, the online literature subsidiary of China's Shanda Interactive Entertainment, has reportedly registered and established a subsidiary in Singapore, aiming to expand into the English-language digital and mobile e-book reading market.
According to information from 163.com, Hou Xiaoqiang, CEO of Shanda Literature, revealed that 30% of Shanda Literature's website clicks now come from overseas Chinese [...]

Shanda Interactive Entertainment has set up a new subsidiary, Guoke Electronics, to be in charge of the research and development of its new e-book product "Bambook".
According to reports in Chinese local media, Shanda is expected to integrate the resources of this newly established subsidiary with those of Shanda Literature, the Internet literature subsidiary of the [...]

Chinese telecom operator China Mobile has reached cooperation with ten Chinese content providers to jointly promote the development of the mobile phone reading industry.
The partnership was formed at China Mobile's mobile phone reading summit held in Hangzhou. Participants of the summit include executives from traditional Chinese publishers and literary websites such as China Publishing Group, [...]