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May 18, 2012 10:49 pm GMT

Chinas Tencent To Restructure Into Six Groups, Heres Why

tencent-logoChina's Internet juggernaut Tencent announced today that it would undergo a restructuring of its business units into six groups. Ren Yuxin was also named as the new chief operating officer and will head up the media and social-networking groups.The six groups include:

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