9You.com announced on March 20 that it netted US$100M from Temasek Holdings. All the investment procedures have been transacted so far. Jun Wu, Vice President of 9You.com said his company began to consider attracting strategic investments long before; this time US$100M was garnered from Temasek Holdings and another investor for a combined 10-20% stake.

Sources say this is the first time for Temasek Holdings to invest in China's Internet and consumption and services related enterprise. Meanwhile, this investment also commands one of the largest deals in domestic IT and Internet-related sector.

Mr. Wu added that the large investment will not only help enhance the business development of 9You.com, but also facilitate it to be globalized. He stressed that the US$100M strategic investment will not lower down its IPO procedure, but in the contrary, will expand the whole business of 9You.com.

The net profit of 9You.com reached over RMB300M for the whole year of 2007, becoming the second group of domestic network game market.