Tencent completed its $120m investment in IngageApp.

Tencent completed its $120m investment in IngageApp, a SaaS customer relationship management software provider. Yang Daosheng, Tencent's senior executive vice president and president of cloud and intelligent industry business group, said that the common gene of IngageApp and Tencent is "connection", which is the reason why Tencent is optimistic about IngageApp.