China Unicom and Tencent cooperate to set up a new mixed-ownership company
Unicom Ventures and Tencent Industrial Investment have established a mixed-ownership company. The joint venture intends to principally engage in content distribution network (CDN) and edge computing businesses. After the transaction is completed, China Unicom Ventures, Tencent Industrial Investment, and relevant employee stock ownership platforms will hold 48%, 42%, and 10% of the joint venture, respectively, […]
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