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November 22, 2002 03:05 pm ET - research by amer
NC joint venture with SINA.com
This was posted on NC's main site today:
Today, NCsoft Corp. announced that it is going to set up the joint venture with SINA.com for its online game service in China.
  1. Details of Joint Venture(JV)
    1. JV Company Name : NC Sina Entertainment (Tentative)
      • CEO : Not Decided Yet.
      • Address : Shanghai, China
    2. JV Partner : SINA.com (China)
    3. Capital : US$ 5,000,000
    4. Amount of Investment by NCsoft Corp. : US$ 2,450,000
    5. Shareholding Structures :
      • NCsoft Corp : 49 %
      • SINA.com : 51 %
    6. Purpose of JV : Online Game Service in China
    7. Scheduled Date of Investment : Within January of 2003, it could be changed depending on the relevant approval by the Chinese Government Atuthorities.
  2. Resolution Date of Board of Directors : 21st, Nov. 2002
  3. Others
    1. Since the JV is a Limited Liability Company, NC Sina Entertainment does not issue any shares.

November 22, 2002 03:07 pm ET (#1)
silos
Loyal Fan

2 posts
10-11-02

Woot!! The tenticles of NC spread ever onwards!

November 22, 2002 03:24 pm ET (#2)
L
Loyal Fan

481 posts
01-16-02

most online games in HK, CHina, (and may be) Tw sux -____-;
the Gm will never do any good there
the game alwayz became a trash afterward

November 22, 2002 03:50 pm ET (#3)
OYE
Loyal Fan

74 posts
10-11-01

NC is only spreadin oversea, what abt US?
will US do any kind of joint with major company such as Yahoo.com, HP or Dell?
maybe US should do the same thing, joint SINA in US too o.O

btw what happen to BigPope?

November 22, 2002 03:58 pm ET (#4)
aupairKing
Loyal Fan

320 posts
03-11-02

interesting concept, online games in China!! Will NCSoft be monitoring the chat channel in the game or will the governemnt be monitoring it?

November 22, 2002 05:27 pm ET (#5)
2x2
Loyal Fan

104 posts
04-19-02

i dun understand ^^

November 22, 2002 05:41 pm ET (#6)
Kyrrel
Loyal Fan

36 posts
10-13-02

maybe now there won't be any lame 3am sieges.

November 22, 2002 06:53 pm ET (#8)
redpig
Loyal Fan

283 posts
10-15-02

er..............
wtf...........

November 22, 2002 07:35 pm ET (#9)
akira
Loyal Fan

23 posts
06-19-02

#4. government will. :)

btw. i heard from a friend in China that cyber cafes(or game rooms) are illegal in China. is this true? will everyone have to play from their homes? and also heard that residential high speed is pretty expensive.. ahh. good to be living in Toronto :) high speed is cheap. and there r enuf game rooms to go to o.o...

November 22, 2002 07:58 pm ET (#10)
MissMage
Loyal Fan

30 posts
11-15-02

wow..NC getting bigger by the minute w00t!!

November 22, 2002 08:13 pm ET (#11)
Onlyone
Loyal Fan

247 posts
02-07-02

o.o lol

November 22, 2002 08:27 pm ET (#12)
gigi
Loyal Fan

641 posts
05-01-02

usa is a backward online internet place +.+
dial-up everywhere
MOST of those ppl use AOL
cable/dsl is quite expensive
cyber cafes are rare, not to mention gamerooms (high prices too)

the only place where u can use online service in usa for cheap is probably thru a lan from school or a corporate company that allows u to share the bandwidth though you'll be subjected to unannounced lan server down, ports blocking (may have problems with streaming videos/mp3/radio, online gaming, email logins)

oh if nc succeed in getting the market into china, it'll be mad rich considering china has around 1/5 of the world's population (well..not all 1/5 will have internet connection but it'll have LOTS of rooms to grow and in the current trend of things it will be a popular thing (since online gaming will have LOTS of freedom, like freedom of speech and such =))

but em..they are 1 episode behind..so...if they go commercial...will they keep up the episodes like the other servers????
(they still play ep10 i think - -^)

November 22, 2002 08:53 pm ET (#13)
Meral
Loyal Fan

33 posts
09-11-02

aol ahhh demon get back!

November 22, 2002 09:14 pm ET (#14)
Onlyone
Loyal Fan

247 posts
02-07-02

o.o lol gimie gimie i wana join with nci with my super company! its bankrupt atm but soon!! nci will help

November 23, 2002 02:27 pm ET (#15)
Kyrrel
Loyal Fan

36 posts
10-13-02

There are a few no-too-expensive Cable Internet providers where I live (austin, TX) by not-too-expensive I mean $40 a month or so.... BUT if you can pay that you basically get fast, decent connection 1 hour a day, because Time Warner Cable's Road Runner service complete sucks. Anyone who has/had it can identify with that statement. Yes USA internet is retarded.

November 23, 2002 08:39 pm ET (#16)
lordgohan
Loyal Fan

64 posts
01-20-02

road runner is horrible. Ever since they became AOL time warner their service has went to hell.

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