Cloudary Corporation has filed an IPO in the amount of $200 million in May 2011 and hopes to to restart the postponed IPO process. Shanda Interactive Entertainment Ltd will use the proceeds raised from the IPO to expand Cloudary's marketing activities and seek opportunities for investment or acquisition.

Shanda Interactive Entertainment Ltd., Special/Extraordinary Shareholders Meeting, Feb 14, 2012., at 02:02 GMT Standard Time. Location: at 8th Floor, Room 802-3. Agenda: To propose plan of merger among Premium Lead Company Limited, New Era Investment Holding Ltd.

Shanda Interactive Entertainment Ltd. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2011. For the quarter, the company reported total revenues of RMB 1,773.1 million ($279.0 million) against RMB 1,385.1 million in the third quarter of 2010. Operating income was RMB 88.9 million ($14.0 million), compared with RMB 148.0 million in the third quarter of 2010. Income before tax expense equity in loss of affiliates was RMB 74.9 million against RMB 133.0 million a year ago. Net Income attributable to company was RMB 9.7 million ($1.5 million), compared with RMB 96.7 million in the third quarter of 2010. Earnings per diluted was RMB 0.18 ($0.02), compared with RMB 1.64 in the third quarter of 2010. Non-GAAP operating income was RMB 145.1 million ($22.8 million), compared with RMB 191.1 million in the third quarter of 2010. Non-GAAP net income attributable to ordinary shareholders was RMB 65.9 million ($10.3 million), compared with RMB 139.8 million in the third quarter of 2010. Non-GAAP earnings per diluted were RMB 1.18 ($0.18), compared with RMB 2.38 in the third quarter of 2010. Net revenues increased to 3.7% from RMB 1,709.8 million in the second quarter of 2011 and an increase of 28.0% from RMB 1,385.1 million in the third quarter of 2010. The quarter-over-quarter increase was primarily driven by an increase in revenues from Shanda Games, Shanda Online and other businesses. For the nine months, the company reported total revenues of RMB 5,113.8 million ($804.7 million) against RMB 4,042.0 million in the third quarter of 2010. Operating income was RMB 319.8 million ($50.3 million), compared with RMB 718.2 million in the third quarter of 2010. Income before tax expense equity in loss of affiliates was RMB 274.3 million against RMB 251.0 million a year ago. Net income from continuing operations was RMB 205.2 million against RMB 592.8 million a year ago. Net Income attributable to company was RMB 104.0 million ($16.4 million), compared with RMB 488.5 million in the third quarter of 2010. Earnings per diluted was RMB 0.91 ($0.14), compared with RMB 3.89 in the third quarter of 2010. Non-GAAP operating income was RMB 478.8 million ($75.3 million), compared with RMB 870.1 million in the third quarter of 2010. Non-GAAP net income attributable to ordinary shareholders was RMB 263.0 million ($41.4 million), compared with RMB 640.4 million in the third quarter of 2010. Non-GAAP earnings per diluted were RMB 4.60 ($0.72), compared with RMB 10.20 in the third quarter of 2010.