China's DXY Lands $70 Million Investment from Tencent Holdings

DXY Group, the largest online healthcare portal community in China, announced that Tencent Holdings will make a $70 million investment in DXY, receiving an unspecified minority stake in return. Tencent is a China internet and mobile phone services company. As part of the deal, Tencent will add some of its services to DXY's internet offerings, and it will especially help DXY develop its new consumer healthcare initiative. More details.... Stock Symbol: (HK: 00700) Share this with colleagues: // //