Source: Tech – South China Morning PostChinese internet giant Tencent Holdings, already the world’s largest video game company by revenue, is investing in gaming companies at a record pace this year, further padding an expansive portfolio as it seeks to ward off new competition from TikTok maker ByteDance.The Shenzhen-based tech juggernaut, which derives a third of its revenue from gaming, had invested in a record 62 gaming companies by the end of June, according to video game research firm Niko Partners. That averages out to a new…Read More