Monday, June 27, 2022

Naspers subsidiary Prosus sold 131.8M shares in JD.com, a ~4% stake worth $4B+, saying the e-commerce company "does not form part of [its] core strategic focus" (Bloomberg)

Bloomberg:
Naspers subsidiary Prosus sold 131.8M shares in JD.com, a ~4% stake worth $4B+, saying the e-commerce company “does not form part of [its] core strategic focus”  —  An arm of South African internet giant Naspers Ltd. sold almost $4 billion worth of stock in JD.com Inc. that it got …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...