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British media: Tencent intends to Myanmar MySquar social networking site investment

via:博客园     time:2018/1/7 20:02:02     readed:1216


Beijing January 7 morning news, "The Times" reported that Tencent ready to negotiate business cooperation with MySQUAR matters, may also be invested in the company. MySQUAR is a social networking company from Myanmar listed in the United Kingdom.

MySQUAR has an information app, as well as online games, last week there was news that MySQUAR received a mysterious buyer's offer. However, sources pointed out that Tencent has not yet submitted a formal acquisition plan.

According to statistics, MySQUAR was listed on the AIM market in London in 2015, but its performance after listing was not good. Its share price fell from 10p to 2.15pilts at a valuation of only 12 million pounds (about 156 million U.S. dollars).

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