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August 18, 2015 07:53 pm GMT
Kik, the Canadian company behind the messaging app of the same name has announced $50M worth of funding from one of its partners, China’s Tencent (also the biggest internet company in China). This funding puts Kik’s total at $120.5M. The deal brings the company valuation into unicorn territory (the much-ballyhooed $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston,… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VlphNVMAU1Y/
Kik Raises $50M From Tencent To Become The WeChat Of The West
Kik, the Canadian company behind the messaging app of the same name has announced $50M worth of funding from one of its partners, China’s Tencent (also the biggest internet company in China). This funding puts Kik’s total at $120.5M. The deal brings the company valuation into unicorn territory (the much-ballyhooed $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston,… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/VlphNVMAU1Y/
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