China’s Tencent in talks to join ShareChat’s fundraising round1 min read . Updated: 03 Jun 2022, 05:37 AM IST
Tencent has decided to invest through convertible notes as India in April 2020 required all fresh foreign direct investments (FDI) from bordering countries to secure prior approval to prevent opportunistic takeovers of Indian companies
China’s Tencent Holdings is in talks to join the ongoing funding round of ShareChat, two people aware of the development said, as the social media platform seeks to power the growth of its short video app Moj.
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