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Tencent

Glu Mobile and Tencent Partnership: Is It Really Beneficial?
Smartphones

Glu Mobile sold its 21 million shares to Tencent, which is a Chinese internet giant, for a total of $126 million. 21 million shares is equivalent to 14.6 percent of all the shares of Glu Mobile. The deal can be interpreted to be $6 per share. This rate is definitely

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