{"id":30303,"date":"2021-12-23T02:55:25","date_gmt":"2021-12-23T02:55:25","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=30303"},"modified":"2021-12-23T02:55:25","modified_gmt":"2021-12-23T02:55:25","slug":"tencent-to-offload-us16-billion-stake-in-no-2-e-commerce-player-jd-com-as-chinas-antitrust-pressure-mounts","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=30303","title":{"rendered":"Tencent to offload US$16 billion stake in No 2 e-commerce player JD.com as China\u2019s antitrust pressure mounts"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostTencent Holdings said it would distribute most of its shares in JD.com as a special dividend to investors, as China\u2019s dominant social media network made a surprise move to pare back its stake in the country\u2019s second-largest e-commerce platform in response to Beijing\u2019s antitrust demands.The market value of JD.com shares to be transferred is estimated at HK$127.7 billion (US$16.37 billion), according to a Tencent statement issued on Thursday. Shenzhen-based Tencent, previously the biggest\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3160765\/chinese-internet-giant-tencent-offload-its-us16-billion-stake-no-2-e?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostTencent Holdings said it would distribute most of its shares in JD.com as a special dividend to investors, as China\u2019s dominant social media network&hellip; <\/p>\n","protected":false},"author":0,"featured_media":30304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/30303"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30303"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/30303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/30304"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30303"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}