Shanda Group

Shanda Group

Shanda Group is a private investment firm founded in 1999 by Chairman and CEO Tianqiao Chen and co-founder Chrissy Luo. Shanda's business is segmented into three business units – Private Equity (venture capital) Investments, Public Market Investments and Real Estate. The company is headquartered in Menlo Park, California with offices in Hong Kong, New York, Shanghai and Singapore. Shanda was established in 1999 as an online games company, called Shanda Interactive Entertainment, which is credited for pioneering the freemium model. With successes in the online games and online literature businesses, Shanda Interactive spun off these businesses, beginning its transformation into a private investment company in 2012.

Key Info

  • 1999 Founded1999 Founded
  • Menlo Park, California, USAMenlo Park, California, USA
  • 1 Investment1 Investment
  • LinkedIn•••••••••
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Activity Timeline

Team

Investments

Date
Company
Round
Amount
Investors
Feb 28, 2023
Series A
$10,500,000