Tencent could sell off some of its massive investment portfolio, which includes minority takes in KE Holdings, Meituan and Didi Global, the Wall Street Journal reported. The newspaper said the possible sales were driven partly by a desire to invest elsewhere including videogames and healthcare. They also could be used for share buybacks to butress them against a selloff from Prosus NV, it’s...
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My Life's Work culture
The Founder Who Escaped Deportation by Building a Business in 60 Days
It was early 2021 when Sampei Omichi’s deportation countdown started: He had 60 days left on his student visa before he would have to leave the country. The then–21-year-old’s only option was to found a startup to qualify for an international entrepreneur parole, which allows entrepreneurs to stay in the country for over two years— assuming, of course, he could raise...
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