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Tencent Weighs Stake Sale in Chinese Delivery Company Meituan

  • 📰 WSJ
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Tencent has held talks with investment banks to explore ways to dispose of at least a major portion of its roughly 17% stake in delivery company Meituan

Social-media behemoth considers cutting investments in tech companies as Beijing curbs influence of China’s tech giants

Chinese tech stocks popular among U.S. investors have tumbled amid the country’s regulatory crackdown on technology firms. WSJ explains some of the new risks investors face when buying shares of companies like Didi or Tencent. Photo Composite: Michelle Inez SimonTencent Holdings Ltd.

 

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Talk with Taiwan, lol

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