Tencent Bows Down To Regulatory Pressure After Alibaba - Report

Benzinga2022-08-16

China's Tencent Holding Ltd (OTC: TCEHY) looks to divest fully or bulk of its $24 billion stake in food delivery firm Meituan (OTC: MPNGY), Reuters reports. Tencent aims to appease domestic regulators...

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Try the tool that will help you invest smarter, faster, and better.\n© 2022 Benzinga.com. Benzinga does not provide investment advice. 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