đź”’ Tencent to distribute $20 billion Meituan stake as dividend
China’s Tencent will dole out more than 958 million Class B stock in Meituan as a special dividend to existing shareholders.
China’s Tencent will dole out more than 958 million Class B stock in Meituan as a special dividend to existing shareholders.
Chinese internet giant Tencent has sold a stake in the Sea Group for around $3bn whilst retaining an 18.7% interest in the business.
Jean-Pierre Verster took the reins as Monday’s BizNews Power Hour co-host where discussion centred around the US Federal Reserve’s speech.