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Hike Messenger announced that it has raised a Series D financing of over USD 175 Million in a new funding round led by Tencent Holdings Limited and Foxconn Technology Group valuing the company close to USD 1.4 Billion. Existing investors Tiger, Bharti and the SoftBank Group also participated in this round. This is the fourth venture capital round and the biggest to date for Hike, taking the total investment to over USD 250 Million so far.
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