Tencent invests 300 MUSD in DST, form strategic partnership

Chinese Tencent has invested $300 million in Russian Internet investment firm Digital Sky Technologies for 10.26 % ownership (economic interest mainly, as share of votes is 0.51 %). Obviously DST owns a few percentages of Facebook and Tencent operates QQ, one of the largest Chinese Internet services.

subscribe (free, of course) to Henrik Torstensson's Weblog

Subscribe with Bloglines Add to Google Add to Netvibes

share this post with a friend (Facebook, del.icio.us, e-mail etc)


Post a Comment

Links to this post:

Create a Link

<< Home