internet - Shanda: seriously out of grace

The once famous gaming company Shanghai has fallen very fast from grace, Billsdue documents. Lack of attractive games makes survival for the so successful company very hard.

It has been interesting to watch how the Chinese press has changed its attitude towards Shanda and Chen Tianqiao. A year ago he was a visionary and the only press he and Shanda received was nauseatingly fawning. Now it has hard to find anything positive about them, including photos of Chen Tianqiao. In China, as in other places, it seems that people start kicking when you start falling, and the closer you get to the ground the harder they seem to kick.

Update: Billsdue is following up fast. Shanda's distributors are stuck with a million or so devices that might be worthless.