Welcome to the world of facts and news: Tencent to give $16.4 billion JD.com stake to shareholders as dividend

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
By -
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...