Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion – sources

Facebook to keep wraps on political ads data despite researchers’ demands
June 22, 2017
Tech industry asks who will lead Toshiba’s motley white knights
June 22, 2017
This post was originally published on this site

HONG KONG (Reuters) – Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behemoths with private cash.