Tencent's investment in western video game companies continues - this time it's bought nine per cent of Frontier for £17.7m.
Frontier, maker of Elite Dangerous and Planet Coaster, said the investment will "accelerate and improve Frontier's access to the growing and already very significant Chinese market".
It added that the proceeds will "augment" the Cambridge-based company's existing cash resources of £12.6m.
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Frontier, maker of Elite Dangerous and Planet Coaster, said the investment will "accelerate and improve Frontier's access to the growing and already very significant Chinese market".
It added that the proceeds will "augment" the Cambridge-based company's existing cash resources of £12.6m.
Read more…
More...