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Tencent, Geely Win Bid for 49% Stake in Bullet-train Wi-Fi Provider

Sina Tech, 6/07/18

Chinese internet conglomerate Tencent (0700.HK) and Zhejiang-based automobile manufacturer and distributor Geely Holding (0175.HK) recently announced that they have successfully completed a joint bid to acquire a 49% stake in bullet train Wi-Fi services provider Bullet Train Networks Technology, a subsidiary of China Railway Corporation. Read More