Naspers Buy
Updated
Looking at long opportunities on NPN with the market having corrected to retest the breakout from the previous monthly high. Market is poised to move higher to break previous monthly highs.
Prosus NV and Tencent Holdings Ltd. are investing in European online-trading group BUX, giving the internet giants a greater foothold in the fast-growing sector.
The Dutch e-commerce group and Chinese developer of the WeChat app led a funding round of $80 million that BUX will use to expand its zero-commission investment platform.
With increased investments in its e-commerce space, this will give investors more confidence on the company's future share growth. E-commerce is a continuous market space that is vast in opportunities to diversify investments.
Prosus NV and Tencent Holdings Ltd. are investing in European online-trading group BUX, giving the internet giants a greater foothold in the fast-growing sector.
The Dutch e-commerce group and Chinese developer of the WeChat app led a funding round of $80 million that BUX will use to expand its zero-commission investment platform.
With increased investments in its e-commerce space, this will give investors more confidence on the company's future share growth. E-commerce is a continuous market space that is vast in opportunities to diversify investments.
Trade active
Naspers longs active for a swing trade
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