Shanda targets Asian, US markets

NEW YORK - Shanda Games Ltd, the Chinese maker of such video games as "Mir 2" and "Woool", plans to expand in the United States, South Korea and Japan this year, as its business matures in its home country.

The company also wants to break into Malaysia and Indonesia, Shanda President Hai Ling told Reuters.

The Shanghai-based company, which spun off from Shanda Interactive after an initial public offering in 2009, develops games and sells online accessories such as game costumes and weapons. More than 95 percent of its annual revenue comes from China.