Tencent

Food delivery industry to reach $323 billion in revenue

The food delivery industry has become a lucrative opportunity for major companies in the past decade. It’s not surprising that major international brands such as Uber, Tencent, and Alibaba have ...

China Literature Raises Around $1B in its IPO

A Tencent-backed Chinese ebook publisher just had a smashing first day as a public company. Called China Literature, the company raised around $1 billion in its IPO. The company was founded in March 2...

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