Tencent will own a 21.2 per cent stake in the joint venture through a subsidiary, according to filings to the Shanghai Stock Exchange. Photo: Reuters

Chinese tech giant Tencent teams up with People’s Daily subsidiary on short video production joint venture

The joint venture will also focus on live broadcasting of news, says People.cn

Topic |   Tencent

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Tencent will own a 21.2 per cent stake in the joint venture through a subsidiary, according to filings to the Shanghai Stock Exchange. Photo: Reuters
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