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August 13, 2018 03:18 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/o2eKfzXVtx0/
Tencent spinoff China Literature to buy New Classics Media for $2.2B in content consolidation play
As the consumer appetite for digital entertainment in China continues its rapid growth, two companies are combining forces to step up their game in the space. Today, China Literature — the Tencent e-publishing venture that went public with a $1 billion IPO last November — announced that it would acquire Chinese digital production company New […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/o2eKfzXVtx0/
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