Tencent (TCEHY.PK), owner of China's extremely popular QQ instant messaging platform, says it...

|About: Tencent Holding Ltd. ADR (TCEHY)|By:, SA News Editor

Tencent (TCEHY.PK), owner of China's extremely popular QQ instant messaging platform, says it plans to make new acquisitions to lessen its dependence on the online gaming market, where it has a leading share. Many expect the pace of M&A activity among Chinese Internet names to pick up following Youku.com (YOKU) and Tudou's (TUDO) merger.