Arab Today, arab today tencent buys stake in dianping
Last Updated : GMT 05:43:04
Arab Today, arab today
Arab Today, arab today

Tencent buys stake in Dianping

Arab Today, arab today

Arab Today, arab today Tencent buys stake in Dianping

Beijing - XINHUA

Tencent, one of China's biggest Internet companies, confirmed on Wednesday that it had purchased shares in restaurant rating and group buying website Dianping. In a filing to the Hong Kong stock exchange, Tencent said it had subscribed to newly issued shares in Dianping. It also holds an option to purchase an additional 5% of Dianping within a year, when the latter launches its initial public offering overseas, according to the statement. Tencent did not disclose the cost of the transaction, but China Business News reported on Monday that Tencent had paid 400 million U.S. dollars. Tencent made the announcement after the close of the Hong Kong stock exchange. Tencent shares closed at 582.5 HK dollars (75.2 U.S. dollars), down 0.34 percent on the day.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tencent buys stake in dianping Arab Today, arab today tencent buys stake in dianping

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tencent buys stake in dianping Arab Today, arab today tencent buys stake in dianping

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday