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Tencent’s $350m deal to lead Chinese funding in US/West

By Sun, Feb 06, 2011 12:00PM UTC 2 Comments

Tencent’s acquisition of a majority stake in US gaming start-up Riot Games, speculated to be worth more than $350 million, is being framed as the beginning of Chinese influence on digital globally by businessinsider.com whose headline reads “Here They Come”. This is the biggest ever investment by a Chinese tech company in the US. This...