A term sheet shows Tencent is seeking to raise as much as $1.55B in a selldown of part of its stake in short-video app operator Kuaishou through a block trade (Julia Fioretti/Bloomberg)
Culture Index
Score Breakdown
Relevance
18/25
Freshness
25/25
Authority
25/20
Brand Signal
6/15
Depth
4/15
5-Axis Cultural Radar
Julia Fioretti / Bloomberg : A term sheet shows Tencent is seeking to raise as much as $1.55B in a selldown of part of its stake in short-video app operator Kuaishou through a block trade — Tencent Holdings Ltd. is seeking to raise as much as $1.55 billion in a selldown of part of its stake in short-video app operator Kuaishou Technology through a block trade.