Shanda (Shanda Interactive Entertainment Ltd.) will buy Hurray(Hurray! Holding Co) with $46.2M.
I got this new yesterday but I don't know the company Hurray, I though it is a retail firm, then I check the news and knew it is a telecom add-value service provider- I have never use such service, so I don't know.
However I do know Shanda, a company more known by Chinese youth as online novel website- www.qidian.com, also include some other site merged by it, such as famous online novel site www.houxie.com . Millions novels books (maybe more) product each year.
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