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Dramatic turn of events – just days ago the Lobster founder was battling Tencent, and now Tencent is directly investing in Lobster in a reversal move.
Throwing money directly is actually how Tencent has typically operated with many major enterprises – like JD.com, Meituan, Pinduoduo, etc. If you can't beat them, just invest directly.
Lobster is no exception to this pattern. They were just trading barbs days ago, and now Peter must be laughing all the way to the bank.#龙虾 $龙虾