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Giant Interactive Market Value Exceed 4.4 Billion USD
The number is bigger than the total value of Shanda and The9.

On May 5th, Giant Interactive Group announced that the PCU (Peak Cocurrent User) of Giant Online reached 344 thousand. Right after the announcement, the share price of Giant Interactive surged 9.31%, ending the day at USD 17.15, and its market value was increased to USD 4.41 billion too.  

According to the closing price of Monday, the market share of Shanda is USD 2.61 billion, and the9 is USD 637.39 million. The market value of Giant Interactive has exceeded that of one Shanda and three the9s.

Giant Online entered open beta test on March 28th, and reached a daily PCU of 237 thousand at the same day. Previously, Zhengtu Online, another online game under Giant Interactive had reached a PCU of 2.1 million, which was also the biggest number of PCU in China. Due to the continous success of Giant Online and Zhengtu Online, invest banks from Wall Street raised their expectation of Giant Interactive one after another. Shi Yuzhum, Chairman of Giant Interactive said that they would learn from the success of Blizzard high quality games, not only depending on the number of games to win.

Article by : 17173
Created On : Thu May 08 2008
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