Tencent, GIC and BlackRock increase stakes in China’s Weimob

Tencent, GIC and BlackRock increase stakes in China’s Weimob

Photographer: SeongJoon Cho /Bloomberg

Tencent Holdings Ltd., Singaporean sovereign wealth fund GIC Pte and BlackRock Inc. increased their stakes in Weimob Inc. through a share sale that’s said to have netted $180 million.

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