Tencent Holdings ADR (OTCMKTS: TCEHY) Speaks Out About Prosus And Its Online Tech Learning Ventures

The stock of Tencent Holdings ADR (OTCMKTS: TCEHY) rose to $76.67. Tencent speaks out about Prosus which happens to be one of its major investors. The investor wants to venture into online tech learning and will utilize its Tencent stake in the latest endeavor. 

Prosus and its ventures

Prosus has always been a forward-looking investor. Its stakes in educational tech companies such as Codecademy and Udemy tell a lot about its inclination to progressive investments. It also takes great pride in its Stack Overflow acquisition. 

Prosus speaks out about its plan to mobilize resources towards enhancing remote working and learning activities. It hopes to continue its efforts even after the Covid-19 subsides. 

It was back in April that it signed an agreement with Tencent over the sale of a stake worth $14.6B. However, it was still left with holdings of up to about $200B in the Chinese company. Naspers made its move in 2001, where it bought off the Tencent stake. 

Appointment of new CEO

Churchill Capital Corp II has today pronouncing Jeff Tarr the new CEO of a digital learning and talent management solutions firm called Skillsoft. The announcement comes at a time when Churchill II and Skillsoft are still considering a business s combination deal. The selection of the new official is based on expertise and some other important attributes. 

Jeffrey R. Tarr takes up the new roles as director and CEO and he is expected to spark significant change because of his longstanding experience. He has achieved quite a lot over the past two decades, part of those being the setup of about three publicly traded companies. 

Tarr has also served as the director and president of   DigitalGlobe, which happens to be a top company focusing on satellite imagery and geospatial intelligence.

Skillsoft happens to be one of the pioneers of digital learning and has also been performing quite well in IT and professional skills.

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