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Chinese Giant Tencent Snaps Up 10% Stake In Sumo Digital's Parent Company, Perwyn

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Making inroads.

Chinese tech giant Tencent –
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– has just acquired a 9.96% stake in Perwyn, the private equity business and investor which holds a 17.38% stake in
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studio Sumo Digital.

Famous in the past for its excellent racing titles, Sumo's stature has grown in recent years, and it has helped out on projects like
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, Forza Horizon 4 and
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.

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