Press "Enter" to skip to content

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.

Source:: World News

Be First to Comment

Leave a Reply

Your email address will not be published.