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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Tencent Holdings Limited (PK) | USOTC:TCTZF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0274 | 0.05% | 54.32 | 53.45 | 56.16 | 56.24 | 54.32 | 55.3473 | 29,877 | 22:00:02 |
From Feb 2020 to Feb 2025
Groupon Inc. (GRPN) will combine an online commerce venture in China in which it holds a minority stake with a company backed by Tencent Holdings Ltd. (0700.HK), Bloomberg News reported Tuesday on its website.
Groupon's venture, Gaopeng, is to be combined with Tencent's FTuan, a move intended to strengthen Groupon's investment in China, Groupon said in a statement. Terms of the deal were not disclosed.
Groupon started Geopeng 16 months ago along with Tencent and Alibaba Group Holding Ltd. Chairman Jack Ma's Yunfeng Capital.
Full story at: www.bloomberg.com/news/2012-06-26/groupon-china-venture-to-merge-with-tencent-backed-ftuan.html
Write to nymonitoring@dowjones.com
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