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. http://english.bjsjs.gov.cn/141/2008/07/22/22s182.htm. Retrieved 2008-08-06. 
  2. ^ "China Web 2.0: Joe Chen Wants it All". BusinessWeek. March 21, 2007. http://www.businessweek.com/globalbiz/content/mar2007/gb20070321_647525.htm. Retrieved 2008-08-06. 
  3. ^ "China's Oak Pacific considering HK or Nasdaq IPO". Reuters. July 16, 2008. http://uk.reuters.com/article/governmentFilingsNews/idUKSHA20413420080716. Retrieved 2008-08-06. 

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