Chinese social media giant Tencent Holdings Ltd is in talks to participate in a US$100 million to US$150 million investment in Indian baby care retailer Firstcry, according to Indian media citing insiders. Singaporean Temasek Holdings and another Chinese investment firm are also in talks with Firstcry to participate in the round, according to the report. Tencent did not immediately respond to China Money Network’s email seeking for comments. The news came a week after Tencent’s rival Alibaba Group made a …

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