Tencent Acquires Shares in Kaspi.kz

MT Newswires Live04-21 11:49

Tencent Holdings (HKG:0700) acquired 6 million American depositary shares in Kaspi.kz JSC, marking its first investment in Kazakhstan's fintech sector, according to a statement Monday.

Tencent acquired the shares, which represent 3.2% of the business, from Baring Fintech Venture Funds.

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