Tencent and Investor Group Acquire Kaspi.kz ADSs

Tencent, alongside Kaspi.kz's co-founder and other institutional investors, has completed the acquisition of 6 million American Depositary Shares from Baring Fintech Venture Funds. This transaction positions Tencent as a significant shareholder, reflecting confidence in Kaspi.kz's Super App business model. The investment also supports the company's growth initiatives in Kazakhstan and Türkiye, bringing in new long-term investors, including U.S. university endowments.