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somethingnew 7 points ago +7 / -0

Anyone know anything about Prosus? I know they are invested in mail.ru and tencent, but I don't fully understand the implications of this acquisition.

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jubyeonin 10 points ago +10 / -0

29% of Tencent from what I see. This doesn't look good.

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Assassin47 2 points ago +2 / -0

If Prosus is invested in Tencent, it's not really under Chinese control is it? Or at least the flow of money is going in the wrong direction.

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jubyeonin 7 points ago +7 / -0

They own most of it. Prosus has less than a third. China sells parts of its companies to buy parts of our companies. They get the better deals.

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logos 6 points ago +6 / -0

tencent is a CCP-owned company. It does not matter what percentage the CCP owns.

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upupandaway 4 points ago +4 / -0

It's a dutch company

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logos 4 points ago +4 / -0

owned by a south african company

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deleted 5 points ago +5 / -0