Changyou

  • Sohu.com Buys Majority Stake In Gaming Company 7Road For Up To $100 Million

    Sohu.com, one of China’s leading online media, search and gaming companies, this morning announced that its MMORPG subsidiary Changyou.com is to acquire a majority stake in Shenzhen 7Road Technology (“7Road”), an online games developer and publisher. Changyou will acquire 68.26% of the equity of 7Road for approximately $68.26 million in cash (see how that works?), plus… Read More