JD.com Inc. revealed on Wednesday that it will issue shares worth $220 million to Tencent Holdings Ltd. as a part of the three-year partnership deal between the companies. "Tencent will continue to offer [JD.com] prominent Level I and Level II access points on its Weixin platform to provide traffic...
South African internet and media company Naspers Ltd. listed its spinoff Prosus N.V. on the Euronext Amsterdam exchange on Wednesday under the ticker "PRX" and issued a secondary listing on the Johannesburg Stock Exchange. Naspers will keep a 75% stake in the firm whose assets include a...
South Africa's Naspers will list its internet assets on Amsterdam’s Euronext bourse on July 17, the media group announced on Wednesday.
Naspers said it is planning to retain 73% in the yet-unnamed vehicle, which will house the company's 31% stake in Tencent Holdings Ltd., Mail.Ru Group, Swiggy,...
South African media group Naspers will spin off its main internet businesses and list them on Euronext Amsterdam under the name NewCo, the company announced on Monday.
NewCo will comprise of all Naspers’ internet companies and investments such as Tencent, mail.ru, OLX, PayU,...
A bookbuilding process will be launched by South Africa's Naspers Ltd., which said on Thursday that it intends to reduce its ownership in Tencent Holdings Ltd. by selling 190 million shares. The stake would be cut to 31.2% from 33.2%, according to the online communications and media...
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