Kik Raises $50M From Strategic Partner Tencent
August 18, 2015 at 15:53 PM EDT
Kik, the Canadian company behind the messaging app of the same name has announced $50M worth of funding from one of its partners, China’s Tencent (also the biggest internet company in China). The deal brings the company valuation into unicorn territory (the much-ballyhooed $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston, had to say about the investment: Today… Read More