Prosus boss Bob takes a beating
Naspers and Prosus shareholders won’t quickly recover hundreds of billions in value lost over the past two years
03 November 2022 - 05:00
In mid-September Tencent announced it had secured its first video gaming licence in 15 months. You might not have heard about it. Defence of Health is a tame “new China” affair, which seems to have excited investors about as much as it did management.
It’s a health-related educational game and as much unlike Tencent’s earlier money-spinning hit Honor of Kings as could be imagined...
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