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Friday, May 12, 2017

Tencent doubles down on game studio Pocket Gems with $90M investment

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 Chinese internet Tencent has continued its recent investment spree after it backed U.S.-based game studio Pocket Gems to the tune of $90 million. Tencent invested in Pocket Gems back in 2015, when it put in a reported $60 million for a 20 percent stake. This time around the Wall Street Journal reported the investment as $90 million, which TechCrunch has confirmed independently. That deal,… Read More

May 12, 2017 at 05:00AM

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from Jon Russell

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