Exhibit 4.177

    BUSINESS
SUPPORT SYSTEM LICENSE AGREEMENT

    


    This
Business Support System License Agreement (this “Agreement”)
is entered into on this 1st day of
January, 2008 (“Effective
Date”), in Shanghai, by and between Shanda Computer (Shanghai) Co., Ltd.
(“Shanda
Computer”), a wholly foreign-owned company organized and existing under
the laws of the People’s Republic of China (the “PRC”),
and Nanjing Shanda Networking Co., Ltd. (“Nanjing
Shanda”), a domestic company organized and existing under the laws of the
PRC.

     

    
      	1   	DEFINITIONS
	 	 
	 	

              Except
      otherwise specifically defined in this Agreement or unless the context
      requires otherwise, the terms used in this Agreement shall have the
      meanings as set forth below:

            
	 	 
	1.1  	

              “Term”
      shall be the duration of this Agreement stated in Article 2.3
      hereof;

            
	 	 
	
              1.2  

            	
              “Business
      Support System” shall mean technology information, know-how,
      design, drawing, process, method, data, program and other information that
      have been existing on the date of this Agreement or will be developed in
      the future, on case-by-case basis, as agreed by the Parties. “Business
      Support System” may be in writing or other appropriate forms and will be
      licensed by Shanda Computer to Nanjing Shanda under this Agreement.
      Details of Business Support System are described in Appendix 1 attached
      hereto.

            


    

    


    
      	
              1.3  

            	
              “Parties”
      shall mean both Shanda Computer and Nanjing Shanda, and a “Party”
      means either one of them.

            


    

    


    
      	
              1.4  

            	
              “PRC”
      shall mean the People’s Republic of China, and, for the purpose of this
      Agreement, excluding Taiwan, Hong Kong and Macau Special Administrative
      Regions.

            


    

    


    
      	
              1.5  

            	
              “Licensed
      Region” shall mean shall mean Shanghai, Zhejiang, Jiangsu, Anhui,
      Fujian, Jiangxi, Shandong, Henan, Hubei, Hunan, Guangdong, Guangxi and
      Hainan.

            


    

     

    
      	2   	GENERAL
  TERMS
	 	 
	
              2.1  

            	
              Shanda
      Computer hereby agrees to non-exclusively license the Business Support
      Systemto Nanjing Shanda and Nanjing Shanda hereby agrees to obtain such
      license from Shanda Computer pursuant to the terms and conditions of this
      Agreement.

            


    

    


    
      	
              2.2  

            	
              Unless
      otherwise agreed by Shanda Computer in writing, Nanjing Shanda shall not
      acquire identical or similar technology license from any third
      party.

            


    

    


    
      	
              2.3  

            	
              This
      Agreement shall be effective upon the execution hereof by the authorized
      representatives of the Parties and shall remain effective for a period of
      one (1) year.

            


    

    


    
      	
              2.4  

            	
              The
      licensed technology hereunder is described in Schedule A hereto. The
      Parties may jointly make adjustment to Schedule A after the date of this
      Agreement.

            


    

    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	3   	LICENSE
	 	 
	
              3.1  

            	
              In
      consideration of the payment of the license fee by Nanjing Shanda and the
      covenants made by Nanjing Shanda under this Agreement, Shanda Computer
      hereby grants Nanjing Shanda a license, to allow Nanjing Shanda to use the
      Business Support System in the Licensed Region; the Parties acknowledge
      that the territory of said license shall be the Licensed Region
      only.

            


    

    


    
      	
              3.2  

            	
              Nanjing
      Shanda hereby agrees to use the Business Support System in accordance with
      the terms and conditions of this Agreement. It is further acknowledged
      that, without the written consent of Shanda Computer, Nanjing Shanda shall
      not sublicense or transfer the Business Support System to any third
      party.

            


    

    


    
      	
              3.3  

            	
              During
      the term of this Agreement, Nanjing Shanda has the right to indicate, in
      advertisements and promotion materials in connection with online games,
      that the Business Support System is licensed by Shanda Computer to Nanjing
      Shanda.

            


    

    


    
      	
              3.4  

            	
              The
      license for the Business Support System granted by Shanda Computer to
      Nanjing Shanda shall not be construed as a grant of any proprietary right
      in the Business Support System to Nanjing Shanda. The proprietary right or
      property rights to the Business Support System shall remain with Shanda
      Computer.

            


    

    


    
      	
              3.5  

            	
              Nanjing
      Shanda acknowledges that Shanda Computer owns the Business Support System
      and enjoys the proprietary right to the Business Support System. Unless
      otherwise expressly provided herein or with prior written consent of
      Shanda Computer, Nanjing Shanda shall not use or apply for or register any
      copyright or patent right in connection with the Business Support System,
      nor shall Nanjing Shanda do or permit to be done anything that might
      directly or indirectly prevent Shanda Computer from registering the
      copyright to or any patents right in connection with the Business Support
      System.

            
	 	 
	4   	DELIVERY OF
      TECHNOLOGY
	 	 
	 	

              Subsequent
      to the execution of this Agreement and upon the request of Nanjing Shanda,
      Shanda Computer shall deliver the Business Support System, including all
      necessary documents, to Nanjing Shanda within a reasonable
      time.

            
	 	 
	5   	LICENSE
  FEE


    

    


    The
license fee payable hereunder shall be calculated and paid as
follows:

    


    
      	
              5.1   

            	
              The
      license fee payable by Shanda Networking to Shanda Computer hereunder
      shall be calculated as follows: License fee = unit price per player x
      number of online game players per
month;

            


    

    


    
      	
              5.1.1  

            	
              Unit
      price per player shall be described in Appendix
  2.

            


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	
              5.2  

            	
              Shanda
      Computer shall have the right to adjust the unit price per player in
      accordance with the actual business operation of Shanda Networking;
      and

            


    

    


    
      	
              5.3  

            	
              Shanda
      Networking shall provide Shanda Computer with the online game players
      data, the number of users and income which is billed through the Business
      Support System, and other related data. Shanda Computer shall be entitled
      to check and verify the aforesaid data provided by Shanda Networking at
      any time.

            
	 	 
	
              6   

            	PAYMENT OF LICENSE
      FEE


    

     

    
      	
              6.1   

            	
              Payment
      of License Fee shall be made by Nanjing Shanda on a quarterly basis and
      shall be made within three (3) months following each quarter’s
      end.

            


    

    


    
      	
              6.2  

            	
              The
      Parties understand and agree that, if Nanjing Shanda fails to make payment
      of the License Fee before the final due date within the time stipulated
      herein without the consent of Shanda Computer, Shanda Computer shall be
      entitled to request Nanjing Shanda to pay  overdue interest on
      the delinquent payment, and the rate for such overdue interest shall be
      the rate for short-term commercial loans on such due date published by the
      People’s Bank of China.

            
	 	 
	7   	TECHNOLOGY
      ENHANCEMENT
	 	 
	 	

              After
      the effectiveness of this Agreement, if Shanda Computer makes developments
      and enhancements to the Business Support System any intellectual property
      or other right arising out of any further development and enhancement of
      Business Support System shall belong to Shanda
Computer.

            
	 	 
	8   	

              EXTENSION
      OF AGREEMENT

            
	 	 
	 	

              This
      Agreement shall remain effective during the term hereof, which will be
      automatically renewed for an additional one (1) year period upon expiry of
      each term unless Shanda Computer notifies Nanjing Shanda of its intention
      not to renew thirty (30) days before the current term
    expires.

            
	 	 
	9   	GOVERNING
  LAW
	 	 
	 	

              This
      Agreement shall be governed by and construed in accordance with the laws
      of the PRC.

            
	 	 
	10  	EXECUTION
	 	 
	 	

              This
      Agreement shall be executed on or before the effective date hereof by the
      duly authorised representative of each Party of this
      Agreement.

            


    

     

    [The remainder of page intentionally
left blank]

     

    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    IN WITNESS WHEREOF, the
Parties have caused this Agreement to be executed by their respective duly
authorized signatories as of the day and year first written above.

     

    


    
      	
              SHANDA COMPUTER (SHANGHAI) CO.,
  LTD.

            
	 
      
	 
      
	
              By:                                                                               
      

            
	
              Name: Chen
    Tianqiao

            
	
              Title: Chief Executive
      Officer

            


    

    


    


    


    


    
      	
              NANJING SHANDA NETWORKING CO.,
      LTD.

            
	 
      
	 
      
	
              By:                                                                             
      

            
	
              Name: Tan
  Qunzhao

            
	
              Title: President

            


    

    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    


    
       

      Appendix
1:

      
        	 	 	 
	 	
                Confidential

              	 
	 	
                All
      rights Reserved by Shanda

              	 
	
                 

                 

                 

                 

                 

                 

                Shanda
      Business Support
      System

                V1.6

                


                

                   

                   

                   

                   

                   

                  

                   

                   

                   

                   

                   

                   

                   

                

              


      

       

      
 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    


    


    
      Contents

       

      
        
          	
                  1

                	The
      concept of Business Support System	
                  2

                
	 	
                  1.1

                	
                  Passport

                	
                  2

                
	 	
                  1.2

                	
                  Account

                	
                  2

                
	 	
                  1.3

                	
                  Vpoint

                	
                  2

                
	
                  2

                	Introduction
      of business
      support system	
                  2

                
	 	
                  2.1

                	
                  Charge
      Module

                	
                  2

                
	 	
                  2.2

                	
                  Consumption
      Module

                	
                  3

                
	 	
                  2.3

                	
                  Interface
      Module

                	
                  3

                
	 	
                  2.4

                	
                  Report
      Generator Module

                	
                  3

                
	 	
                  2.5

                	
                  Finance
      Module

                	
                  4

                
	 	
                  2.6

                	
                  Capability

                	
                  4

                
	 	
                  2.7

                	
                  System
      Environment

                	
                  4

                


        

      

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

    

    


     

    
      The
concept of business support system

    

     

     

    
      Passport

    

     

    To log
into online games, a user ought to have a passport with its unique ID and
password of his/her own, which is able to be registered freely in Shanda web
site in China.

     

    
      Account

    

     

    To pay
items in a specific game, a user ought to have an account to charge points from
pre-paid card or other channels. The game account will keep the points as bank
accounts for the users. If a user charges money into the account, the points
will increase, and vice versa.

     

    
      Vpoint

    

     

    Vpoint is
the in-game currency unit for virtual items or subscription, which is charged by
real money. Therefore, a user will use Vpoint to pay what he/she wants to in
game instead of real currency. Meanwhile, there is exchange rate between Vpoint
and real currency.

     

    
      Introduction
of business support system

    

     

    The
business support system will manage the charge, consumption and storage of
accounts and generate financial reports, which mainly contain the four modules:
charge, consumption, interface and report generator.

     

    
      Charge
Module

    

     

    The
business support system provides users a series of channels to charge game
accounts to get Vpoints in the games at their convenience. Generally speaking, a
gamer will charge the accounts by the ways below:

    
      	
              l  

            	
              Pre-paid
      Cards

            


    

    
      	
              l  

            	
              SMS

            


    

    
      	
              l  

            	
              Online
      Banks

            


    

    
      	
              l  

            	
              Other
      Channels

            


    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

     

    
      Consumption
Module

    

     

    Meanwhile,
the business support system provides users a series of channels to consume
Vpoints at their convenience and let the game operator know what's happening in
each account. Generally speaking, a gamer will consume the Vpoints by the ways
below:

    
      	
              l  

            	
              Transfer
      to another accounts

            


    

    
      	
              l  

            	
              Purchase
      items in game clients.

            


    

    
      	
              l  

            	
              Purchase
      items in web based shops in game
portals

            


    

    
      	
              l  

            	
              Others

            


    

     

    

     

    
      Interface
Module

    

     

    The
business support system provides a series of interfaces for partners, providing
the potential for further development. We may classify them into two
catalogs:

    
      	
              1.  

            	
              For
      high-frequency communication, there will be interfaces for API
      functions, which are provided in the form of SDK to game developers
      for further development in the game. Nowadays, C/C++, java and .NET
      programming languages are
supported.

            


    

    
      	
              2.  

            	
              For
      high-frequency communication, such as web sites, there will be interfaces for Web
      Service, which is not related to programming languages, much
      flexible than the former one.

            


    

    


     

    
      Report
Generator Module

    

     

    The
business support system provides a generator to make up reports, which helps a
lot for

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    game live
team to get the pictures about where the revenue comes from, for example:

    
      	
              l  

            	
              Financial
      report of user's charge and
consumption

            


    

    
      	
              l  

            	
              Statistic
      report of in-game item consumption

            


    

    
      	
              l  

            	
              Daily
      revenue report

            


    

    
      	
              l  

            	
              Daily
      consumption report

            


    

    


     

    
      Finance
Module

    

     

    The
business support system provides a strong tool to generate financial reports
accepted by international standards, which provides much convenience for both
the developer and the operator of the games on royalty share.

     

    
      Capability

    

     

    The
capability of business support system is highly related to the hardware which it
runs on. The recommended numbers are:

    Maximum
registered accounts = 50,000,000

    Maximum
concurrent users = 3,000,000

     

    
      System
Environment

    

     

    
      	
              l  

            	
              For
      game server associated to the business support system:Windows
      Series, Linux and freeBSD。

            


    

    
      	
              l  

            	
              For
      the business support system:

            


    

    Linux/Solaris
/HP-UX + ORACLE AS + Oracle DB 9i

    Or Linux +
Oracle DB

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

     

    Appendix
2

     

    


     

    
      	
              Game
      Name

            	
              Mode

            	
              Game
      Category

            	
              Unit
      Price

            
	
              Woool

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.165

            
	
              Woool

            	
              Paly
      Time

            	
              MMORPG

            	
              0.0165

            
	
              Mir
      II

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.165

            
	
              Mir
      II

            	
              Paly
      Time

            	
              MMORPG

            	
              0.0165

            
	
              BNB

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              The
      Sign

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.165

            
	
              The
      Sign

            	
              Paly
      Time

            	
              MMORPG

            	
              0.0165

            
	
              Getamped

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              The
      Age

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.0165

            
	
              Maple
      Story

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.0165

            
	
              Magic
      Land

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.0165

            
	
              D.O.

            	 
      	 
      	
              0.0165

            
	
              3G
      Hero

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              RO

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              RO

            	
              Paly
      Time

            	
              LEISURE

            	
              0.033

            
	
              Shanda
      Richman

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              Crazy
      Kart

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              Archlord

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.0165

            
	
              Latale

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              Kungfu
      Kids

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              Tales
      Runner

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              World
      Hegemony

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              Push
      Push Online

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              Disney
      Megic Board

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              Popland

            	
              Virtual
      Item

            	
              LEISURE

            	
              0.066

            
	
              D&D

            	
              Virtual
      Item

            	
              MMORPG

            	
              0.0165

            


    

     

    


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