Chinese internet giant Tencent Holdings has thrust itself onto the front lines of building the car of the future, with its acquisition of a 5 per cent stake in US electric carmaker Tesla for US$1.8 billion.
Headquartered in Shenzhen, Tencent is one of China's and the world's largest internet services companies, with interests in media, entertainment, web and mobile communications, advertising, e-commerce and internet banking.
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