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Tencent to give US$16.4b JD.com stake to shareholders as dividend

Tencent said on Thursday (Dec 23) it was the right time to transfer its stake given that JD.com has reached a stage it can self-finance its own growth. The owner of WeChat will see its stake fall to 2.3 per cent from around 17 per cent.

https://bt.sg/oCjj

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