writers Guo Jingming and vivibear, both accused of plagiarism. In 2010, Shanda Literature sued the search engine Baidu.com for providing links to pirated versions of Shanda Literature's copyrighted material. Agreeing that Baidu did not remove the links immediately upon notice, a Shanghai court ruled in Shanda's favor in May 2011. 2009-2013: Spinoffs and privatization In 2008, Shanda Interactive paid $80 million to acquire Mochi Media, an online game distributor in the United States. Shanda was the "largest online entertainment provider in China" by early 2009. That April the company reported that its MMORPG Aion had acquired 1 million paying users within four days of its release. In 2009, the company spun off Shanda Games in the largest IPO with the ticker GAME in the United States that year, raising $1.04 billion. At the time, Shanda Games provided 77 percent of Shanda Interactive's revenue, although the company also continued to be active in online literature, video, and other forms of entertainment. Shanda Literature controlled 90 percent of the online reading market in China by early 2010. That year Shanda Interactive recorded operating revenues of $232.3 million, 2% higher than the prior year. By the fall of 2011, Shanda Interactive offered MMORPGs, casual games, film, music, and literature on an "integrated service platform." With most of its audiences in China, the company had subsidiaries and affiliates such as Ku6 Media. Shanda Literature was renamed Cloudary in 2011, and that October the unit filed to go public in the United States with an IPO of about $200 million. By March 2012, Cloudary was the largest online publishing platform in China, with 1.6 million authors and 6 million titles. Three years later, Cloudary was merged with Tencent Holdings. Shareholders of Shanda Interactive Entertainment voted "overwhelmingly" in February 2012 to accept a buyout from the company's three founders. Paying $740 million for about 25 percent of the shares, Chrissy Luo, Tianqiao Chen, and Danian Chen took Shanda Interactive private in a deal that valued the company at $2.3 billion. According to the New York Times, it was "one of the biggest such deals involving a Chinese company." 2014-onwards: Shanda Group investment firm By the time Tianqiao Chen sold his stake in Shanda Games in 2014, Shanda Group had become an investment firm focused on the internet and finance. After expanding Shanda with a series of rapid acquisitions, by 2015 Shanda had invested in 140 companies.