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MIDAS SHARE TIPS UPDATE: Our Sumo tip was ahead of the game

When Carl Cavers started video games group Sumo in 2003, a friend lent him somewhere to work free of charge because he and his three co-founders could not afford to pay any rent.
None of them took a salary and early employees accepted peppercorn wages, in the hope that they could work together and build up a meaningful business.
Those hopes proved well-placed. Last week, Cavers recommended a £5.13 a share bid from Chinese tech giant Tencent, valuing Sumo at £919million.
In the bag?: Sumo, which developed Sackboy: A Big Adventure, is set to be bought by Chinese firm Tencent
Sheffield-based Sumo has clearly come a long way in the past 18 years. The group is one of the best-known games developers in the world, counting giants such as Microsoft, Sony and Apple as customers. ....

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With 275 Party Branches, Internet Giant Tencent Works With CCP Internet Inspectors

With 275 Party Branches, Internet Giant Tencent Works With CCP Internet Inspectors
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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