China’s Tencent invests $50 million in Canada’s Kik Interactive

China's Tencent Holdings Ltd has taken a $50 million stake in Kik Interactive, an investment that values the Canadian mobile messaging company at more than $1 billion, Kik said on Wednesday. Kik, a Waterloo, Ontario-based company whose chat platform is popular with U.S

Read the rest here: 
China’s Tencent invests $50 million in Canada’s Kik Interactive