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. The deal brings the company valuation into unicorn territory (the $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston, had to say about the investment: Today we’re announcing that Tencent, maker of WeChat (Weixin), has… Read More
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