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Tencent's startup investment frenzy goes outer space

Published Wed, Jun 21, 2017 · 09:50 PM

Beijing

TENCENT Holdings Ltd is best known for super-app WeChat and its relentless pace of startup investment. Now the Chinese social media giant is looking beyond Earth-bound opportunities.

China's largest corporation has invested in Moon Express, a startup that aims to put drones on the lunar body; Argentina's Satellogic, which specialises in satellite imagery; and Planetary Resources, which is looking into asteroid-mining. They are an unusual trio of investments for a company that typically seeks out terres…

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