Tencent Is Set To Sell Much or All of Its $24 Billion Stake in Food Delivery for Meituan
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Published 2 years ago
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https://gnews.org/post/p19n221ec
08/16/2022 Reuters: Tencent is set to sell much or all of its $24 billion stake in food delivery for Meituan to mollify regulators and monetize an eight year old investment. Shares in Hong Kong listed Meituan dropped over 10% Following the Reuters story.
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