Tencent to hand out $22b of shares in JD.com as dividend

December 24, 2021 5:00 AM

HONG KONG • Tencent Holdings plans to distribute more than US$16 billion (S$22 billion) of JD.com shares to its investors as a one-time dividend, representing a near retreat from the Chinese e-commerce firm that has been one of Tencent’s most successful investments.

Source : https://www.straitstimes.com/business/companies-markets/tencent-to-hand-out-22b-of-shares-in-jdcom-as-dividend