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Mado

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22/06/20

11:23

Post #: 45364101
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Originally posted by Andredamus1: ↑

That is incorrect. Both companies made a joint release at the time the substantial shareholding was announced.

From Afterpay
"Tencent's investment provide us with the opportunity to learn from one of the world's most successful digital platform businesses. To be able to tap into Tencent's vast experience and network is valuable as is the potential to collaborate in areas such as technology, geographic expansion and future payment options on the Afterpay platform".

From Tencent
"We look forward to a deep and long-term business partnership between Tencent and Afterpay.

Clearly significantly more than just a passive investment.

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Pure rhetoric from both sides,no agreements nor partnerships in place.

APT Price at posting: $58.62 Sentiment: None Disclosure: Not Held
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