Oak_Pacific_Interactive

Oak Pacific Interactive

Oak Pacific Interactive

Beijing-based Chinese holding company

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

This article uses material from the Wikipedia article Oak_Pacific_Interactive, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.