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Tencent Acquires Online Game Operator
October 16, 2005 |
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Tencent (0700.HK) has reached an agreement to acquire 19.9% of SZ Domain Ltd., an online games company in China.
Under their agreement, Tencent is entitled to purchase a larger stake in SZ Domain in the coming years.
Established in 1997, SZ Domain is a multiplayer network game and leisure game developer and operator. It is also a co-operator in the China Games Center, which ranks third in China's leisure game market.
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