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Unity Announces Deal to Set Up China Joint Venture: Details

Unity Announces Deal to Set Up China Joint Venture Amid Expansion Plans

Unity Software Inc, the US developer whose software is used in video games like Tencent Holdings’ Honor of Kings, said on Tuesday it had struck a deal to create a joint venture with multiple partners, valued at $1 billion (roughly Rs. 7,900 crore), from its China business.

The announcement follows an exclusive Reuters report last week that Unity was in talks to spin off its China unit to help it expand in the world’s biggest games…


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