Tuesday, August 25, 2026

Tencent plans to divest US$24bil Meituan stake – sources

HONG KONG: China’s Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said. Read full story

Source : https://www.thestar.com.my/business/business-news/2022/08/16/tencent-plans-to-divest-us24bil-meituan-stake—sources

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