A man looks at his mobile phone in Manajipet village in the district of Gadwal, Telangana, India. (Photographer: Dhiraj Singh/Bloomberg)

Tencent, Paytm Plan to Invest $100 Million in Video Startup

(Bloomberg) -- Tencent Holdings Ltd. and Paytm plan to invest about $100 million in Indian streaming service MX Player, according to a person familiar with the matter, as local and foreign companie...

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