Tencent’s investments in overseas start-ups jumped more than sevenfold this year as China tightened its regulatory grip at home, the Financial Times reported.
The social media, gaming and fintech giant struck a record 16 deals in Europe, bringing its total international investments to 34 for the first six months of 2021, down from four in the same period in 2020, according to data from Refinitiv, the report said. Full story: Financial Times
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