If you are still wondering who is going to buy ICQ: Digital Sky Technologies (DST, owner of Russia’s Mail.ru), ProfMedia (owner of Rambler) or Tencent (owner of QQ). Here is the news which might let you re-think: Tencent just invested $300m into DST.

The agreement we just received says:

The Board wishes to announce that on 12 April 2010, the Investor, a wholly-owned subsidiary of the Company, entered into the Subscription Agreement with DST. Pursuant to the Subscription Agreement, the Investor agreed to subscribe for, and DST agreed to issue and allot to the Investor, up to 8,114 Ordinary Shares for an aggregate consideration of up to US$300,002,113 (approximately HK$2.328 billion).

Upon completion of the subscription of all 8,114 Ordinary Shares, the Company would, through the Investor, hold approximately a 10.26% economic interest in DST.

The most interesting part is, if you did not know the background of DST:

DST was founded in 2005 and is one of the largest Internet companies in the Russian-speaking and Eastern European markets. It is also one of the leading global investment groups primarily focused on Internet-related companies, holding stakes in global Internet companies such as Facebook and Zynga.

What do you think? Tencent’s Penguin is growing….

Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.

Join the Conversation

7 Comments

  1. This pleasing cheap Adidas shoes Originals overlaps with the renowned pigeon colorway of Jeff Staple.You probably have seen last year the Adidas shoessneakers introduced under the series of Adidas superstar Originals which appeared in 4 different designs in screaming colorways. The <a href=”http://www.outlet-gucci.com “> Gucci outlet Hobo is one of the most advance Gucci handbags . Like all the <a href=”http://www.outlet-gucci.com “> Gucci wallets , Gucci hobo bag features a revolution in design and functionality.

  2. These Vibram FiveFingers creation of the Adidas and Vibram Five Fingers Puma sportswear rivalry, the two Gucci Belt companies FiveFingers are cheap Adidas shoes the first joint activities between the two Adidas Women companies, both based in adidas shoes Herzogenaurach, Germany, since the Adidas superstar brothers left their original shared sports Adidas Originals footwear firm in 1948 to found the two Adidas Nizza companies.“We are uniting on this Adidas Porsche Design day as a commitment to Peace Adidas Running Day,” Puma CEO and Chairman Jochen Adidas Stan Smith Zeitz said in the statement Adidas ZX. The joint initiative aims Adidas campus at raising awareness for the Gucci outlet Peace One Day, an Gucci wallets international day of Gucci handbags peace initiatives supported by the Gucci United Nations. More than Gucci bags 60 years after a feud between brothers Gucci Women Shoes and Gucci men Shoes Rudolf Dassler resulted in the are making peace for Gucci Sunglasses one day.

Leave a comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.