Tencent Buys Comsenz

August 24, 2010

(Reuters) – China’s largest Internet company Tencent Holdings Ltd (0700.HK) has bought a Chinese social networking company, the China Business News reported on Tuesday.

Tencent, China’s No.1 online game operator and its largest instant messaging provider, had bought Comsenz, a Beijing-based social-networking provider, Comsenz said in a statement on its website. Comsenz is backed by Google Inc (GOOG.O), Sequoia Capital and Morningside Ventures.