Created when NASDAQ:SNDA was $41.59 | Edit | History
CEO of Shanda Interactive
An entreprenuer and a big fan of Bill Gates
He is simple and says he is good in finding technology trend than a technology expert
He focuses more on service to customers and says that’s what made shanda a success
He made lot of innovativeness in online business by providing recharge cards and selling cards all over China retail and internet stores
Instead of having central servers, he made many small servers available through out nation to get faster access to their online games due to slow speed of dial up modem in earlier stages
Two resources will play a more important role in the business growth for online service providers after the network integration, added Mr. Chen, "one is platform, which brings the content within the reach of users; and the other is content supplier, which provides contents."
A growing awareness of copyright together with the prosperity of content creation will give birth to a completely new business model, predicted Mr. Chen, noting that platform, as information channel, will possibly play a less important role with the development of technology.
At present, Amazon holds the copyrights to 300,000 e-books and has openly launched its Kindle e-book reader. Shanda now owns 5 literature websites and holds the copyrights to over 3 million e-books and nearly 10,000 books, Shanda CEO Hou Xiaoqiang said.
