China’s Xiaomi to buy stake in software firm Kingsoft from Tencent – Reuters

BEIJING (Reuters) – China’s Xiaomi Inc [XTC.UL] has agreed to buy about 3 percent of software firm Kingsoft Corp Ltd from Tencent Holdings Ltd for HK$527 million ($67.99 million), according to a Kingsoft filing on Monday. The deal with Xiaomi, the world’s …
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