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Tencent Invests In Glu Mobile

One of China’s biggest internet companies, Tencent, has agreed to purchase a stake in Glu Mobile, a San Francisco game developer. Shares of Glu rocketed up 23 percent within hours after the news broke. Glu Mobile is best known for the hit app Kim Kardashian: Hollywood. http://goo.gl/icFCs4 #tech

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