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Politics

China's Tencent Deal With Epic Games Could Help Expansion Overseas

Jun 20, 2012

China's Tencent said on Tuesday it would acquire a minority stake in Epic Games, a U.S. developer of PC, console and mobile games, in a deal that could... full story

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(Reuters) - Tencent Holdings more than tripled the number of active users for its mobile chat application in the first quarter, a boon to China's largest online gaming and social networking firm as it tries to diversify its revenue stream. Tencent, which is hoping to monetize its Weixin, or WeChat, app, said on Wednesday active user numbers soared 228 percent to 194 million...

yahoo.com (5 days ago)

China's Luxury Market Suffers As Buyers Go Overseas

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China's Tencent Deal With Epic Games Could Help Expansion Overseas

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