Tencent to Invest $760 million in Tech Start-ups

YadaYadaAdmin Community Posts Leave a Comment

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, …