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November 16, 2017 11:56 am GMT
Tencent announced another impressive quarter of financials yesterday, but the Chinese internet giant — which is creeping towards a $500 billion market cap — made other financial moves this week. Reuters reported that the firm invested $150 million Chinese cinema ticketing startup Maoyan, which was created from a merger between dominant playersMaoyan and Tencent-backedWeiying… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CmPWIkpjNcM/
Tencent reportedly invests $150M in cinema ticketing startup Maoyan
Tencent announced another impressive quarter of financials yesterday, but the Chinese internet giant — which is creeping towards a $500 billion market cap — made other financial moves this week. Reuters reported that the firm invested $150 million Chinese cinema ticketing startup Maoyan, which was created from a merger between dominant playersMaoyan and Tencent-backedWeiying… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/CmPWIkpjNcM/
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