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Tencent Invests RMB 50 Mln in Internet TV Technology Provider Huan Tech

Sohu IT, 5/08/15

Chinese consumer electronics manufacturers Changhong (600839.SH) and TCL Corporation (000100.SZ) have both issued announcements that Guangzhou-based internet TV technology provider Huan Technology, in which each owns a minority stake, has secured RMB 100 mln in funding from internet and mobile services firm Tencent (0700.HK) and Tianjin Chengbo Investment Management. Read More