Prosus sale fears send Tencent shares tumbling
Tencent Holdings tumbled by the most in seven weeks amid speculation its controlling shareholder, Naspers-controlled Prosus, may speed up selling shares.
Source: techcentral.co.za
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Tencent Holdings tumbled by the most in seven weeks amid speculation its controlling shareholder, Naspers-controlled Prosus, may speed up selling shares.
Prosus, the Naspers-controlled internet and e-commerce company, has capitalised on the digital boom to grow revenue handsomely. But profits remain elusive. This is part of the plan, says management, but analysts remain unconvinced. Prosus, the Naspers-controlled internet and e-commerce company,...