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Tencent Holdings


 Chinese firm invests $100 million in New Zealand gaming company

tencent-GrindingGearGames.pngChinese internet firm Tencent has invested $100 million in New Zealand gaming developer Grinding Gear Games.

Founded in 2006, Grinding Gear Games is a New Zealand video game developer best known for creating the 'Path of Exile' online video game that has around 2 million players signed up. (Founded in 1998, Tencent Holdings is a leading provider of Internet value-added services in China. Tencent Mobility is majority owned by Hong-Kong investors and is the world's largest online games company. Its total revenue in the first quarter of 2018 was $11.7 billion.) More details here.

To see a list of investors from China similar to Tencent Holdings, check the Chinese Investors Directory.




 Chinese investors acquired stake in Supercell for $8.6 billion

tencent gameTencent Holdings, a Chinese investment holding company, has acquired 84% of Supercell Supercell, a mobile game development company, in a transaction valuing the company at an equity value of approximately $10.2 billion.

Founded in 2010, Supercell is a mobile game developer based in Helsinki, Finland, with offices in San Francisco, Tokyo, Seoul and Beijing. Its games are played by more than 100 million people every day. Founded in Shenzhen in 1998, Tencent Holdings operates and invests in internet companies all over the world.

To see a list of investors from China similar to Tencent Holdings, check the Chinese Investors Directory.

More details follows




 Three Chinese investment firms invested $35 million in Silicon Valley firm Scanadu

scanadu-chinese.jpgThree Chinese investment firms, China's Tencent, Fosun International and China Broadband Capital, have invested $35 million in Silicon Valley firm Scanadu.

Scanadu is a firm that is making a handheld device that measures five vital signs in about 30 seconds. Other investors in this round include Iglobe Partners of Singapore and A round investors Relay Ventures, Redmile Group, Ame Cloud Ventures and Three Leaf Ventures, an affiliate of The Broe Group. Scanadu has raised $49.7 million in funding to date.

To see a list of investors from China similar to Tencent Holdings and Fosun International, check the Chinese Investors Directory

More details follows



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