Oak Pacific Interactive

Oak Pacific Interactive (Chinese: 千橡互动集团), established in 2002, is a Beijing-based Chinese holding company.

Oak Pacific Interactive is the second-largest operator of social networking websites in China,[1] after taking ownership of one of the most viewed Web sites in China MOP.com,[2] information technology portal Donews and social networking site Xiaonei.

In April 2008, Oak Pacific Interactive raised US $430 million from an investment group led by Japanese telecom company Softbank in exchange for a 35 percent stake.[3]

References

  1. ↑ "OAK Pacific Interactive Takes over Peagame". Beijing Shijingshan District government. July 14, 2008. Retrieved 2008-08-06.
  2. ↑ "China Web 2.0: Joe Chen Wants it All". BusinessWeek. March 21, 2007. Retrieved 2008-08-06.
  3. ↑ "China's Oak Pacific considering HK or Nasdaq IPO". Reuters. July 16, 2008. Retrieved 2008-08-06.

External links

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