A deal to invest in streaming video services provider MX Player offers Tencent Holdings a foothold in India, the world’s second largest smartphone market, where users avidly consume content via cheap wireless data plans. Photo: Agence France-Presse

Tencent eyes investment in Indian streaming video services start-up MX Player

  • The deal would give video games and social media giant Tencent a foothold in the world’s second largest smartphone market
  • India’s content streaming market is projected to reach US$1.7 billion by 2023
Topic |   Streaming video and TV

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A deal to invest in streaming video services provider MX Player offers Tencent Holdings a foothold in India, the world’s second largest smartphone market, where users avidly consume content via cheap wireless data plans. Photo: Agence France-Presse
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