Tencent Boosts Global Investments with European Games as Focus as Beijing Cracks down on Online Gaming
Ifeng reported on Wednesday that Tencent has increased its investment in overseas startups by more than seven times this year in an effort to accelerate its global expansion. The move is seen as a response to the tightening of Beijing’s recent regulatory scrutiny of the online gaming industry.
Tencent struck a record 16 deals in Eu…