Will Tencent Reduce Its Dependence on China by Investing in Japan?
Chinese tech giant Tencent (OTC: TCEHY) generates most of its revenue from its home market. But in recent years it's expanded overseas to reduce its dependence on China, where its social media and gaming businesses face tougher censorship and playtime restrictions, respectively.
One of those markets is Japan, the world's third-largest gaming market after China and the United States. Let's see how its investments in Japan could strengthen its business and widen its moat.
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Source Fool.com
