2013-06-29
Tencent To Acquire Additional Stake In Kingsoft Network For USD46.98 Million
Kingsoft Corporation Limited recently published a report, stating that the company will acquire an addition stake in Kingsoft Network along with Tencent, with USD46.98 million additional investment from Tencent and USD5.22 million from Kingsoft Corporation. In addition, Kingsoft Network's chief executive officer Fu Sheng and chief technology officer Xu Ming will have the rights to [...]