Thursday, December 23, 2021

Tencent to give $16.4 billion JD.com stake to shareholders as dividend

Tencent will distribute $16.37 billion worth of its JD.com stake to shareholders, slashing its holding in China's second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com's biggest shareholder to Walmart.

from Tech-Economic Times https://ift.tt/3pkoyXk
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