Dec 23, 2021 08:09 AM (GMT+8) · EqualOcean
Tencent announced that it would distribute about 460 million shares of JD to shareholders in the form of medium-term dividend. After the dividend distribution, Tencent's shareholding in JD will be reduced from 17% to 2.3%, and it will no longer be the largest shareholder. Meanwhile, Tencent president Liu Chiping will also step down as a director of JD. Tencent said that it will continue to maintain a strategic partnership with JD in the future to help JD realize long-term value.

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