SITUATION REPORT

Kazakhstan, China: China's Tencent Acquires Stake in Kaspi.kz

Apr 20, 2026 | 20:47 GMT

China's technology conglomerate Tencent acquired a 3.2% stake in Kazakhstan's financial technology company Kaspi.kz for about $518 million through the purchase of American depositary receipts, Bloomberg reported on April 20. ...

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