Document:

<PAGE>

                                                                    EXHIBIT 4.44

                      BILLING TECHNOLOGY LICENSE AGREEMENT

     This Billing Technology License Agreement (this "Agreement") is entered
into on this 1st day of January, 2006 ("Effective Date"), in Shanghai, by and
between Shengqu Information Technology Co., Ltd. ("Shengqu"), a wholly
foreign-owned company organized and existing under the laws of the People's
Republic of China (the "PRC"), and Shanghai Shanda Networking Co., Ltd. ("Shanda
Networking"), 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  "Billing Technology" 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. "Billing
     Technology" may be in writing or other appropriate forms and will be
     licensed by Shengqu to Shanda Networking under this Agreement. Details of
     Billing Technology are described in Appendix 1 attached hereto.

1.3  "Parties" shall mean both Shengqu and Shanda Networking, 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 Chongqing, Sichuan, Guizhou, Yunnan, Xizang,
     Shanxi [CHINESE CHARACTERS], Gansu, Qinghai, Ningxia, Xinjiang, Beijing,
     Tianjin, Hebei, Shanxi [CHINESE CHARACTERS], Neimenggu.

2    GENERAL TERMS

2.1  Shengqu hereby agrees to non-exclusively license the Billing Technology to
     Shanda Netoworking and Shanda Networking hereby agrees to obtain such
     license from Shengqu pursuant to the terms and conditions of this
     Agreement.

2.2  Unless otherwise agreed by Shengqu in writing, Shanda Networking 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.

<PAGE>

3    LICENSE

3.1  In consideration of the payment of the license fee by Shanda Networking and
     the covenants made by Shanda Networking under this Agreement, Shanda
     Networking hereby grants Shanda Networking a license, to allow Shanda
     Networking to use the Billing Technology in the Licensed Region; the
     Parties acknowledge that the territory of said license shall be the
     Licensed Region only.

3.2  Shanda Networking hereby agrees to use the Billing System in accordance
     with the terms and conditions of this Agreement. It is further acknowledged
     that, without the written consent of Shengqu, Shanda Networking shall not
     sublicense or transfer the Billing Technology to any third party.

3.3  During the term of this Agreement, Shanda Networking has the right to
     indicate, in advertisements and promotion materials in connection with
     online games, that the Billing System is licensed by Shengqu to Shanda
     Networking.

3.4  The license for the Billing Technology granted by Shengqu to Shanda
     Networking shall not be construed as a grant of any proprietary right in
     the Billing Technology to Shanda Networking. The proprietary right or
     property rights to the Billing Technology shall remain with Shengqu.

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

4    DELIVERY OF TECHNOLOGY

     Subsequent to the execution of this Agreement and upon the request of
     Shanda Networking, Shengqu shall deliver the Billing Technology, including
     all necessary documents, to Shanda Networking 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 Shengqu hereunder shall be
     calculated as follows: License fee = standard monthly fee per player x
     average number of concurrent online game players per month;

5.1.1 average number of concurrent online game players per month shall be the
     aggregate of average number of concurrent online game players for all
     commercialized games in

                                        2

<PAGE>

     the month;

5.1.2 standard monthly fee per player shall be RMB10 per month for the year 2006
     and thereafter;

5.2  Shengqu shall have the right to adjust the amount of the standard monthly
     fee per player in accordance with the actual business operation of Shanda
     Networking; and

5.3  Shanda Networking shall provide Shengqu with the concurrent online game
     players data, the number of users and income which is billed through the
     Billing Technology, and other related data. Shengqu 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 Shanda Networking 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 Shanda Networking fails to make
     payment of the License Fee before the final due date within the time
     stipulated herein without the consent of Shengqu, Shengqu shall be entitled
     to request Shanda Networking 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 Shengqu makes developments
     and enhancements to the Billing Technology any intellectual property or
     other right arising out of any further development and enhancement of
     Billing Technology shall belong to Shengqu.

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 Shengqu notifies Shanda Networking of its intention not to
     renew thirty (30) days before the current term expires. The Amended and
     Restated Billing Technology License Agreement dated on December 28, 2004
     and the Amendment to Billing Technology License Agreement dated on December
     28, 2004 entered into by Shengqu and Shanda Networking will be terminated
     upon the Effective Date.

9   GOVERNING LAW

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

                                        3

<PAGE>

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]

                                        4

<PAGE>

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.

SHENGQU INFORMATION TECHNOLOGY
(SHANGHAI) CO., LTD.

By:
    ---------------------------------
Name: Chen Tianqiao
Title: Chief Executive Officer

SHANGHAI SHANDA NETWORKING CO., LTD.

By:
    ---------------------------------
Name: Chen Danian
Title: Senior Vice President

                                        5

<PAGE>

APPENDIX 1:

                   DESCRIPTIONS OF FUNCTIONS OF BILLING SYSTEM

Billing System consists of User Registration Module, Recharge Interface Module,
Payment Information Synchronization Module, and other value-added modules such
as Second-Based Billing Module, Day-Based Billing Module, and IP-Based Billing
Module.

     -    User Registration Module loads the synchronized registration
          information of users from the game to the Billing System, forming the
          basis of the users of Billing System. The data is sent to game system
          by means of web interface or MQ.

     -    Recharge Interface Module links to the sales system of online
          channels. The systems receive the recharge request from users, convert
          the authentication, and add the time that accords to the recharged
          cards to the specific character accounts.

     -    Payment Information Synchronization Module transfer users' remained
          time to the game system by means of FTP or MQ.

     -    Second-Based Billing Module consists of Payment Information
          Synchronization Module and Billing Module. The former one synchronize
          the time information about used time to the Billing System for further
          application, by means of FTP or MQ. Billing Module subtracts the used
          time transferred by Synchronization Module from users' remained time.

     -    Day-Based Billing Module realize the subtraction function based on the
          periods of monthly and daily subscription.

     -    Other value-added modules provide interfaces to some business
          partners, for example, IP-Based billing function supplies some ISP
          free games based on IP, and IP-based billing.

As an open system, Billing System supports most popular game genres, such as
MMORPG and casual games. The system supplies billing service based on the
playtime length of game, as well as period length such as monthly subscription.
Moreover, the system can, according to the requirements of the game, provide
billing solution based on time.

<PAGE>

APPENDIX 2:

   SOFTWARE AND HARDWARE ENVIRONMENT FOR THE OPERATION OF BILLING SYSTEM

   Software Requirement: Windows 2000, SQL Server2000, MSMQ, IIS
   Hardware Requirement:
      Database Server Requirement:
         CPU: 2.4GHZ * 4
         RAM: 2G
         HD: 18G + 36G * 4
         Network Card: 100M * 2
         Reference: DELL 6650
      Database Server Amounts:
         Avg. 20 game regions / server
         Max. 10 game regions / server (games that need large data flow)

      Application Server Requirement:
         CPU: 2.4GHZ * 2
         RAM: 1G
         HD: 18G + 36G * 2
         Network Card: 100M * 2
         Reference: DELL 2650
      Application Server Amounts:
         Avg. 40 game regions / server
         Max. 20 game regions / server (games that need large data flow)

      Web Server Requirement:
         CPU: 2.4GHZ * 1 (2 are recommended)
         RAM: 1G
         HD: 18G + 36G
         Network Card: 100M * 2
         Reference: DELL 2650
      WEB Server Amounts:
         1 Server

                                        1

<PAGE>

SCHEDULE A:

                BILLING SYSTEM TABLES BASED ON BILLING TECHNOLOGY

<TABLE>
<CAPTION>
Name                  Billing System         Briefing                   Note
----                  --------------         --------                   ----
<S>                   <C>                    <C>                        <C>
The Legend of Mir     Mir2 Billing System    Supply billing solutions
                                             for TloM based on
                                             playtime, period, IP,
                                             and other value-added
                                             applications.

The World of Legend   Woool Billing System   Supply billing solutions
                                             for TWoL based on
                                             playtime and period.

Fortress 2            FT2 Billing System     Supply billing solutions
                                             for Fortress 2 based on
                                             period.

BNB                   BNB Billing System     Supply billing solutions
                                             for BNB based on coupon.

Shattered Galaxy      PS Billing System      Supply billing solutions
                                             for SG based on playtime
                                             and period.
</TABLE>

                                        2<PAGE>

                                                                    EXHIBIT 4.45

                      BILLING TECHNOLOGY LICENSE AGREEMENT

     This Billing Technology License Agreement (this "Agreement") is entered
into on this 1st day of January, 2006 ("Effective Date"), in Shanghai, by and
between Shengqu Information Technology Co., Ltd. ("Shengqu"), a wholly
foreign-owned company organized and existing under the laws of the People's
Republic of China (the "PRC"), and Nanjing Shanda Networking Technology 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  "Billing Technology" 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. "Billing
     Technology" may be in writing or other appropriate forms and will be
     licensed by Shengqu to Nanjign Shanda under this Agreement. Details of
     Billing Technology are described in Appendix 1 attached hereto.

1.3  "Parties" shall mean both Shengqu 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 Shanghai, Zhejiang, Jiangsu, Anhui, Fujian,
     Jiangxi, Shandong, Henan, Hubei, Hunan, Guangdong, Guangxi and Hainan.

2    GENERAL TERMS

2.1  Shengqu hereby agrees to non-exclusively license the Billing Technology to
     Nanjing Shanda and Nanjing Shanda hereby agrees to obtain such license from
     Shengqu pursuant to the terms and conditions of this Agreement.

2.2  Unless otherwise agreed by Shengqu 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.

<PAGE>

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, Shengqu hereby
     grants Nanjing Shanda a license, to allow Nanjing Shanda to use the Billing
     Technology 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 Billing System in accordance with
     the terms and conditions of this Agreement. It is further acknowledged
     that, without the written consent of Shengqu, Nanjing Shanda shall not
     sublicense or transfer the Billing Technology 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 Billing System is licensed by Shengqu to Nanjing
     Shanda.

3.4  The license for the Billing Technology granted by Shengqu to Nanjing Shanda
     shall not be construed as a grant of any proprietary right in the Billing
     Technology to Nanjing Shanda. The proprietary right or property rights to
     the Billing Technology shall remain with Shengqu.

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

4    DELIVERY OF TECHNOLOGY

     Subsequent to the execution of this Agreement and upon the request of
     Nanjing Shanda, Shengqu shall deliver the Billing Technology, 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 Nanjing Shanda to Shengqu hereunder shall be
     calculated as follows: License fee = standard monthly fee per player x
     average number of concurrent online game players per month;

5.1.1 average number of concurrent online game players per month shall be the
     aggregate of average number of concurrent online game players for all
     commercialized games in the month;

5.1.2 standard monthly fee per player shall be RMB10 per month for the year 2006
     and thereafter;

                                       2

<PAGE>

5.2  Shengqu shall have the right to adjust the amount of the standard monthly
     fee per player in accordance with the actual business operation of Nanjing
     Shanda; and

5.3  Nanjing Shanda shall provide Shengqu with the concurrent online game
     players data, the number of users and income which is billed through the
     Billing Technology, and other related data. Shengqu shall be entitled to
     check and verify the aforesaid data provided by Nanjing Shanda 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 Shengqu, Shengqu shall be entitled
     to request Nanjing Shanda to pay overdue interest on the delinquent
     payment, and the rate for sucd 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 Shengqu makes developments
     and enhancements to the Billing Technology any intellectual property or
     other right arising out of any further development and enhancement of
     Billing Technology shall belong to Shengqu.

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 Shengqu notifies Nanjing Shanda of its intention not to
     renew thirty (30) days before the current term expires. The Billing
     Technology License Agreement entered into by Shengqu and Nanjing Shanda
     dated on December 28, 2004 will be terminated upon the Effective Date.

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]

                                       3

<PAGE>

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.

SHENGQU INFORMATION TECHNOLOGY
(SHANGHAI) CO., LTD.

By:
    ---------------------------------
Name: Chen Tianqiao
Title: Chief Executive Officer

NANJING SHANDA NETWORKING CO., LTD.

By:
    ---------------------------------
Name: Tang Jun
Title: President

                                       4

<PAGE>

APPENDIX 1:

                   DESCRIPTIONS OF FUNCTIONS OF BILLING SYSTEM

Billing System consists of User Registration Module, Recharge Interface Module,
Payment Information Synchronization Module, and other value-added modules such
as Second-Based Billing Module, Day-Based Billing Module, and IP-Based Billing
Module.

     -    User Registration Module loads the synchronized registration
          information of users from the game to the Billing System, forming the
          basis of the users of Billing System. The data is sent to game system
          by means of web interface or MQ.

     -    Recharge Interface Module links to the sales system of online
          channels. The systems receive the recharge request from users, convert
          the authentication, and add the time that accords to the recharged
          cards to the specific character accounts.

     -    Payment Information Synchronization Module transfer users' remained
          time to the game system by means of FTP or MQ.

     -    Second-Based Billing Module consists of Payment Information
          Synchronization Module and Billing Module. The former one synchronize
          the time information about used time to the Billing System for further
          application, by means of FTP or MQ. Billing Module subtracts the used
          time transferred by Synchronization Module from users' remained time.

     -    Day-Based Billing Module realize the subtraction function based on the
          periods of monthly and daily subscription.

     -    Other value-added modules provide interfaces to some business
          partners, for example, IP-Based billing function supplies some ISP
          free games based on IP, and IP-based billing.

As an open system, Billing System supports most popular game genres, such as
MMORPG and casual games. The system supplies billing service based on the
playtime length of game, as well as period length such as monthly subscription.
Moreover, the system can, according to the requirements of the game, provide
billing solution based on time.

<PAGE>

APPENDIX 2:

SOFTWARE AND HARDWARE ENVIRONMENT FOR THE OPERATION OF BILLING SYSTEM

   Software Requirement: Windows 2000, SQL Server2000, MSMQ, IIS
   Hardware Requirement:
      Database Server Requirement:
         CPU: 2.4GHZ * 4
         RAM: 2G
         HD: 18G + 36G * 4
         Network Card: 100M * 2
         Reference: DELL 6650
      Database Server Amounts:
         Avg. 20 game regions / server
         Max. 10 game regions / server (games that need large data flow)

      Application Server Requirement:
         CPU: 2.4GHZ * 2
         RAM: 1G
         HD: 18G + 36G * 2
         Network Card: 100M * 2
         Reference: DELL 2650

      Application Server Amounts:
         Avg. 40 game regions / server
         Max. 20 game regions / server (games that need large data flow)

      Web Server Requirement:
         CPU: 2.4GHZ * 1 (2 are recommended)
         RAM: 1G
         HD: 18G + 36G
         Network Card: 100M * 2
         Reference: DELL 2650

      WEB Server Amounts:
         1 Server

                                       1

<PAGE>

SCHEDULE A:

                BILLING SYSTEM TABLES BASED ON BILLING TECHNOLOGY

<TABLE>
<CAPTION>
Name                  Billing System         Briefing                    Note
----                  --------------         --------                    ----
<S>                   <C>                    <C>                         <C>
The Legend of Mir     Mir2 Billing System    Supply billing solutions
                                             for TloM based on
                                             playtime, period, IP, and
                                             other value-added
                                             applications.

The World of Legend   Woool Billing System   Supply billing solutions
                                             for TWoL based on
                                             playtime and period.

Fortress 2            FT2 Billing System     Supply billing solutions
                                             for Fortress 2 based on
                                             period.

BNB                   BNB Billing System     Supply billing solutions
                                             for BNB based on coupon.

Shattered Galaxy      PS Billing System      Supply billing solutions
                                             for SG based on playtime
                                             and period.
</TABLE>

                                       2

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