Supercell purchase to help Tencent's globalization
By Ma Si | China Daily | Updated: 2016-06-23 07:42
Tencent Holdings Ltd's investment in Finnish mobile gaming company Supercell Oy will accelerate the globalization of the company, experts said.
The Tencent-led consortium said on Tuesday it will pay $8.6 billion to acquire up to 84 percent of Supercell.
Charlie Dai, principal analyst at Forrester Research Inc, said the deal fits quite well with Tencent's global strategy as the Shenzhen-based company seeks to grow its mobile success beyond China.
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