Tencent Values DST at $3 Billion; Invests $300 Million

Files under: News
Posted by: Quintura @ 14:12 [12. 04. 10]

The leading Chinese instant messaging platform QQ-owner Tencent has invested $300 million in exchange for a 10.26 percent economic interest in Russia’s major Internet investment firm Digital Sky Technologies (DST), the company announced on April 12. The investment values DST at almost $3 billion. Tencent and DST share the same investor Naspers/MIH Group, which owns [...]

Naspers Co-Owned Mail.ru To Do IPO At $2 Billion Value in London

Files under: News, Tech
Posted by: Quintura @ 09:59 [21. 05. 08]

The largest Russian free web mail provider and portal Mail.ru is expected to do an initial public offering (IPO) of shares in London in 2008 that would value the company at $2 billion, reported business daily Kommersant today. It is said that the company is discussing IPO terms with the banks Citibank, Goldman Sachs and [...]