Tencent pumps USD300m into Russian web giant DST

Tue Apr 13 2010, 14:18 PM

China's largest web company, Tencent Holdings, is acquiring a USD300m minority holding in Russian web giant Digital Sky Technologies (DST). Tencent and DST dominate their respective marketplaces, and Tencent says its minority stake in DST is the beginning of an expansion into emerging markets.  

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