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Kik Raises $50M From Strategic Partner Tencent To Be The “WeChat Of The West”

 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.) This funding puts Kik’s total at $120.5M. Here’s what Kik’s CEO, Ted Livingston,… Read More