Tencent remains active in China, even as geopolitical risks cloud dealmaking in India, US

Chinese tech giant Tencent Holdings Ltd invested aggressively in global startups in the first half of 2020 — striking, on average, a new deal every three days.

The Hong Kong-listed gaming and social networking major — with a market cap of HK$4.82 trillion ($621 billion) —invested in about 60 startups across the globe in the first six months of 2020, according to statistics collected by PEdaily, a PE/VC-focused online publication of China’s Zero2IPO Group.

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