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Exclusive: Tencent boss meets China antitrust officials as scrutiny widens - sources

Exclusive: Tencent boss meets China antitrust officials as scrutiny widens - sources

Tencent picks up 5% stake in China's game developer Century Huatong for $429m

The Future of Cloud Gaming Backend Service Market | In-Depth Analysis & Global Outlook by 2021-2030

Press release content from Wired Release. The AP news staff was not involved in its creation. The Future of Cloud Gaming Backend Service Market | In-Depth Analysis & Global Outlook by 2021-2030 December 24, 2020 GMT Pune, Maharashtra, December 24 2020 (Wiredrelease) Market.Biz :Impact of Covid-19 on the Cloud Gaming Backend Service market:[Covid-19 is an unforeseen and unprecedented situation that has turned the whole world upside down. And like all major disruptions, it is pushing the limits of industry resilience. The Cloud Gaming Backend Service industry will have to prepare for a world where old norms will have to be reframed. Instead, new Business strategies and different Tactics will have to be put into place. Market.bizs latest report on the Cloud Gaming Backend Service Market will help you and your organizations to prepare for the comingboom.]

Leyou shareholders approve Tencent takeover

Leyou Technologies Holdings is finally on course to be sold, as shareholders approved an acquisition by Chinese giant Tencent. The deal was voted for during an extraordinary general meeting earlier this month, with the meeting notes revealing that 97.7% of shareholders who took part were in favour of a takeover by Image Frame Investment, a Tencent subsidiary. According to PCGamesInsider, Tencent could spend HK$10.25 billion ($1.3 billion) on the company, based on the price of HK$3.3219 per share proposed back in August. The timeline in the joint document from the two companies showed today (Monday, December 14) is expected to be the last day of trading, with Leyou withdrawing its listing from the Hong Kong Stock Exchange on Wednesday, December 23.