Thu, Dec 23, 2021
Tencent said on Thursday it will distribute HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China`s second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com`s biggest shareholder to Walmart.
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Mon, Jun 18, 2018
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant`s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
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