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Tencent is giving away $16 billion of its stake in JD.com

Tencent is giving away $16 billion of its stake in JD.com

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Tencent is dramatically cutting its stake in JD.com, China’s second largest e-commerce company, as it seeks to stay on the right side of Beijing, which has been cracking down on tech giants to rein in their growing power and influence.

...read full article on CNN Business

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