China tech giant Tencent expands into streaming in

Kuala Lumpur (AFP) June 25, 2020 Chinese internet giant Tencent said Thursday it had bought some assets of struggling Asian streaming service iflix, in a major expansion of its online video presence in the region. Western firms, led by Netflix, dominate streaming globally but companies from the world’s number two economy have been taking tentative steps outside their home market recently. Tencent said it had purchased t