Tencent In Talks To Raise Over $650M For New VC Fund

Chinese gaming and social media giant Tencent Holdings Limited is in talks to raise a new U.S. dollar-denominated fund of at least US$650 million, earmarking for its existing start-ups in the company’s investment portfolio. Tencent is in discussions with limited partners and family offices on a new round of funding exceeding the US$600 million the […]

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