JD.com Jumped Over 5% in Premarket Trading After Tencent-Backer Prosus Unloaded Nearly $4 Billion of Its Stock
Tiger Newspress2022-06-27
JD.com jumped over 5% in premarket trading after Tencent-backer Prosus unloaded Nearly $4 billion of its stock.
Naspers subsidiary Prosus NV sold more than 131.8 million shares in JD it got from Tencent Holdings Ltd., about a 4% stake in the online retailer, Prosus said in a statement. “JD.com does not form part of the group’s core strategic focus,” it said in a filing Monday.
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