Tencent’s Indian JV Acquires Local Internet Bus Ticket Website

Ibibo, the Indian joint venture invested by China’s Tencent and South Africa’s Naspers, has reportedly acquired an Indian online bus ticket website named RedBus.in.

China’s Tencent To Acquire 49% Stake In Foreign Game Publisher

Chinese Internet company Tencent Holdings Limited has announced that it will invest USD26.95 million to acquire 49% of the issued shares of Level Up.

China’s Tencent To Acquire 49.92% Stake In Thai Portal

Chinese Internet company Tencent Holdings has announced that it plans to acquire a 49.92% stake in the Thai portal website Sanook.com for HKD81.7 million.