Oak Pacific Interactive, 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]
External links
References
- OAK Pacific Interactive Takes over Peagame Beijing Shijingshan District government, July 14, 2008, retrieved 2008-08-06^
- China Web 2.0: Joe Chen Wants it All BusinessWeek, March 21, 2007, retrieved 2008-08-06^
- China's Oak Pacific considering HK or Nasdaq IPO Reuters, July 16, 2008, retrieved 2008-08-06