VRB News
Virtual Reality Brisbane
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
No Result
View All Result
Home IT news

Tencent wants to sell stake in Chinese delivery service

admin by admin
August 17, 2022
in IT news
0
Tencent wants to sell stake in Chinese delivery service
0
SHARES
41
VIEWS
Share on FacebookShare on Twitter

Hong Kong Chinese technology giant Tencent is reportedly looking to sell all or a large part of its $24 billion stake in food supplier Meituan, according to insiders. With this, the WeChat owner wants to appease the Chinese supervisory authorities and make money, four people familiar with the matter told Reuters.

Tencent joined Meituan’s competitor Dianping in 2014, which merged with Meituan a year later. Since 2020, the Chinese authorities have been targeting technology giants such as Tencent or Alibaba, whose market power is a thorn in their side. Tencent holds a 17 percent stake in Meituan. The stake is expected to be sold via the stock exchange as part of a so-called block trade.

On the Hong Kong Stock Exchange, Meituan shares fell by more than ten percent, Tencent securities lost more than two percent.

Previous Post

3 Ways to Benefit from Merge

Next Post

DAOs: the new structure for your start-up?

admin

admin

Related Posts

How to Grow a YouTube Channel with ScaleLab
IT news

How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators

February 4, 2025
Sticker mockups
IT news

Sticker mockups: how to visualize your ideas professionally and efficiently

January 13, 2025
Ways to Get Free Senegal Proxies for Work and Surfing
IT news

Ways to Get Free Senegal Proxies for Work and Surfing

December 24, 2024
Crypto Betting Frontiers
IT news

Crypto Betting Frontiers: The 2025 Landscape

December 6, 2024
iGaming Marketing Trends for 2025
IT news

iGaming Marketing Trends for 2025: Adapting to a Rapidly Changing Landscape

December 5, 2024
Next Post
DAOs: die neue Struktur für dein Start-up?

DAOs: the new structure for your start-up?

Premium Content

Honduras Bitcoin

Honduras launches Bitcoin Valley and wants to become a tourist stronghold!

August 4, 2022

We tested Pixel Rift on the Oculus Rift DK2

August 18, 2022
7invensun declares a module of eye tracking that supports all headset HTC

7invensun declares a module of eye tracking that supports all headset HTC

November 7, 2020

Browse by Category

  • Games
  • IT news
  • Tech
  • World

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators
  • Sticker mockups: how to visualize your ideas professionally and efficiently
  • Ways to Get Free Senegal Proxies for Work and Surfing

© 2023 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2023 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?