Kik Raises $50M From Strategic Partner Tencent

 Kik, the Canadian company behind the messaging app of the same name has announced $50M worth of funding from one of its partners, China’s Tencent (also the biggest internet company in China). The deal brings the company valuation into unicorn territory (the much-ballyhooed $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston, had to say about the investment: Today… Read More

http://ift.tt/1z2qDqP Kik Raises $50M From Strategic Partner Tencent http://ift.tt/1Ni2ILq