Thursday, December 22, 2016

Tencent buys full control of Thailand’s Sanook to fuel Southeast Asia expansion

Sanook will be rebranded as Tencent Thailand after the deal Tencent*has purchased all the remaining shares of Sanook Online, in a deal that allows the Chinese tech giant to create greater presence in the emerging Southeastern market, local media reported. After the deal, Sanook will be rebranded as Tencent Thailand. Financial terms of the transaction...
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