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| Tencent Buys Supercell for $8.6 Billion |
Tencent Holdings Ltd., the Chinese internet mogul popularly known for the social messaging app WeChat, together with its partner buys a majority stake at the Finland-based game developer Supercell, known for the worldwide hit mobile apps Clash of Clans, Clash Royale, Hay Day, and Boom Beach, for a whopping 8.6 billion dollars.
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