Tech

Tencent plans to issue nearly all of its shares on JD.com worth $16.37 billion to shareholders as a dividend, reducing its ownership percentage from 17% to about 2.3%. (Reuters)




Reuters:

Tencent plans to issue nearly all of its shares on JD.com worth $16.37 billion to shareholders as dividends, reducing its stake from 17% to about 2.3%.– Chinese gaming and social media company Tencent (0700.HK) will distribute shares of JD.com (9618.HK) worth $16.4 billion as a dividend to its shareholders…





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