Tencent Inc. has set up a $5 billion yuan (US $760 million) investment fund to invest in technology start-ups. The fund will focus on start-ups like gaming companies, social game, mobile game, e-commerce and new media firms. The fund, as Tencent explained is to “provide support, break through bottlenecks in the development of innovative companies, […]
Related posts:
- Groupon, Tencent, Alibaba and China Are Groupon and Tencent venturing into China? The rumor goes…
- Groupon and Tencent to Joint Venture in China? Groupon usually adopts an acquisition approach when entering a new…
- Tencent to Launch Android Smartphone. Google Smiles It was rumored that Tencent is set to build it’s…