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Tencent and LINE unite to invest millions in mobile game makers

The makers of the remarkably popular WeChat and LINE mobile messaging platforms seem to be joining forces and making big investments in game developers to lock down unique games for their platforms.
Newsbrief: Chinese holding company Tencent and Japanese corporation LINE -- makers of the remarkably popular WeChat and LINE mobile messaging platforms, respectively -- seem to be joining forces and making big investments in game developers to lock down unique games for their platforms. TechCrunch reports that the two companies have jointly invested roughly $110 million in Korean games company 4:33 Creative Lab, whose mobile games (pictured) already appear on the popular South Korean mobile messaging platform KakaoTalk. The full impact of this investment on 4:33's development efforts remains unclear, but it's interesting to see two of the biggest names in Asian mobile games teaming up to invest in game makers. The 4:33 investment likely won't be their last, either. "We're just getting started on our global investment strategy," LINE COO Takeshi Idezawa told TechCrunch. "We're going global hand in hand."

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