Chinese firm invests $100 million in New Zealand gaming company
Chinese 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.
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