Why Naspers sold its stake in Tencent

[Jamie McKane]

Why Naspers sold its stake in Tencent

Naspers on Thursday said it would sell as much as 190 million Tencent shares, equal to 2 percent of Tencent’s total issued share capital.

[Bloomberg]

 

[ToxicBunny]

I don’t see that as a why personally... I think it was more a way to generate liquid capital to support other parts of the business

 

[Hamster]

Takealot fundnig run in 3...2...1...