Friday, December 24, 2021

Tencent is giving away $16 billion of its stake in JD.com

Tencent is dramatically cutting its stake in JD.com, China's second largest e-commerce company, as it seeks to stay on the right side of Beijing, which has been cracking down on tech giants to rein in their growing power and influence.

from CNN.com - RSS Channel - World https://ift.tt/3qhbL7v

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