Prosus NV : Could a change of investment strategy be on the cards at Tencent?
>FT alludes to change of investment strategy at Tencent - The FT this morning carried an article examining Tencent's investment strategy. Based on various sources, including anonymous ones, the article indicates that Tencent is considering reviewing its investment strategy and could now focus much more on returning cash to shareholders. The group reportedly wants to communicate much less on its investments and could potentially be looking to move away from an empire-b...Prosus NV Formerly known as Myriad International Holdings NV. Prosus NV, formerly Myriad International Holdings NV, is a Netherland-based global consumer Internet group. The Company is organized into six business areas: Classifieds, Payments & Fintech, Food delivery, Etail, Ventures and Travel. It also holds investments in listed Social & Internet assets. The Classifieds business area manages mobile and digital marketplaces. The Payments & Fintech business area includes PayU, a Payment Service Platform. The Food delivery business area manages food delivery companies. The Travel business area operates a travel online platform. The Etail business area includes business to consumer e-commerce companies. The Venture business area looks for and invests in early stage companies.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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