Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
China's Tencent denies buying more DiDi shares since US IPO
short by Aishwarya Awasthi / on Friday, 11 February, 2022
China's Tencent has denied buying more shares in DiDi Global since it went public in the US. This comes after a US regulatory filing showing an increased stake sent Tencent shares soaring almost 9%. It had added about 1.8 million DiDi Class A ordinary shares to its last-known holdings during DiDi's IPO. As of December, Tencent owned 78.85 million shares.
read more at BloombergQuint