by admin | Jun 28, 2022 | Business, JD.com, Naspers, Prosus, Tencent
Chinese tech stocks fell after a Naspers-owned Prosus announced a plan to sell some of its holdings and buy back its own shares.
by admin | Jun 28, 2022 | Alibaba, Bilbili, Investment, JD.com, News, Prosus, Sections, Tencent
A plan by Tencent’s major backer, Naspers-controlled Prosus, to further cut its stake in the company fuelled concerns among investors on Tuesday.
by admin | Jun 27, 2022 | Business, Digital Extremes, Discord, Epic Games, Headline, Media24, Naspers, Naspers Foundry, OLX, Prosus, Riot Games, Takealot, Tencent
Through various investments, Naspers is a global ecommerce, media, and gaming powerhouse.
by admin | Jun 27, 2022 | Bob van Dijk, Business, Headline, JD.com, Naspers, Prosus, Tencent
Prosus also sold JD.com shares it received from Tencent for $3.7 billion (R58.6 billion).
by admin | Jun 27, 2022 | Investment, Naspers, Prosus, Sections, Tencent, World
Shares of China’s Tencent fell as much as 2.5% after Prosus and Naspers said they would gradually sell shares in the firm.
by admin | Jun 27, 2022 | Basil Sgourdos, Investment, Naspers, News, Prosus, Sections, Tencent
Prosus and Naspers plan to sell down the massive 28.9% stake Prosus holds in Chinese Internet giant Tencent.