Tencent to pick up stake in SH-listed Weaver Network for $110m

Tencent to pick up stake in SH-listed Weaver Network for $110m

Source: Mia Baker/Unsplash

Tencent has entered into an agreement to pick up a 5 per cent stake in Shanghai-listed office automation solutions provider Weaver Network for over 771 million yuan ($110 million).