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Tencent renews NBA partnership

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Chinese tech giant Tencent renewed a five-year partnership with the NBA.

Through the deal, Tencent will stream NBA content in China until 2025. The deal could be worth as much as $1.5 billion.

Some 490 million Chinese people, representing one-third of the country's population, watched NBA games during the latest season.

Read more from Quartz.

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