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Rumor: Tencent Invests in Chinese Social Sharing Platform JiaThis

The last time we heard from Chinese social sharing platform JiaThis, it was because the company had just acquired a smaller Chinese startup to bolster its already-popular social sharing tool, which is used across hundreds of thousands of Chinese websites. More than a year later, things are still looking good for JiaThis; so good, in fact, that Tencent has reportedly just invested in the company.

The rumored investment, which was reported by Sina Tech, has not yet been confirmed by either Tencent or JiaThis, and Sina Tech’s source did not reveal any of the particulars of the deal. While it therefore makes sense to take this report with a great deal of salt until the details have been confirmed, it does make some sense that Tencent might be interested in the platform given its success and given the ways it might integrate with Tencent’s own social and gaming platforms.

We have reached out to both Tencent and JiaThis for comment and will update this post if we hear back.

(Sina Tech)



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