- Video game developer Sumo said that Chinese internet company Tencent had bought a 9.6% interest in the company from existing shareholder Perwyn.

Perwyn, a family-funded private equity business would retain a 17.4% interest in the company.

'We are delighted that Tencent have chosen to acquire a shareholding in the company, and we look forward to working with Tencent to explore co-development opportunities,' chief executive Carl Cavers said.

At 8:21am: [LON:SUMO] Sumo Group Plc Ord Gbp0.01 share price was +18.25p at 172.25p

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