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

from iFeeltech IT News Mix4 https://techcrunch.com/2017/05/11/tencent-pocket-gems-90-million/?ncid=rss

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