Tencent, China's largest IT corporation, has revealed that it is not considering acquiring equity in domestic corporations such as Nexon and Kakao Mobility. Reuters reported that Tencent refuted ...

Investing.com -- Chinese technology giant Tencent (HK: 0700) is looking to acquire approximately 40% stake in Kakao’s mobility unit from financial investors, according to a report from Korea Economic ...

Investing.com -- Chinese technology giant Tencent is looking to acquire approximately 40% stake in Kakao’s mobility unit from financial investors, according to a report from Korea Economic Daily.

SHANGHAI :Tencent said reports that it is studying deals for Nexon and Kakao's mobility unit are untrue.The Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40 ...

Tencent is interested in buying ~40% stake in Kakao’s mobility unit from financial investors, Korea Economic Daily reports, citing unidentified people in investment banking industry.

The deal could help Tencent secure long-term control over popular intellectual property and expand its presence in the South Korean gaming market.