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Tencent sees video games and more ads in Snapchat's future

Investors are treating Chinese giant's move to acquire a 12% stake in US social media network as an investment

Hong Kong

CHINESE Internet giant Tencent Holdings Ltd said on Thursday it could help Snapchat owner Snap Inc publish video games and improve ad sales after acquiring a 12 per cent stake in the US social media network.

Snap's disclosure in a US regulatory filing that Tencent had

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