Telegram中文搜索引擎:Tencent plans to divest US$24bil Meituan stake - sources

Telegram中文搜索引擎www.tel8.vip)是一个Telegram群组分享平台,Telegram中文搜索引擎包括Telegram中文搜索引擎、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组(其他)、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram中文搜索引擎为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

HONG KONG: China's Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said.

Tencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out how to execute a potentially large sale of its Meituan stake, said three of the sources.

Technology giant Tencent, the owner of China's No. 1 messaging app WeChat, first invested in Meituan's rival Dianping in 2014, which then merged with Meituan a year later to form the current company.

Based on Meituan's market capitalisation as of Monday, Tencent's 17% stake is worth $24.3 billion.

Tencent is seeking to kick off the sale within this year if market conditions are favourable, said two of the sources.

The planned sale comes against the backdrop of a sweeping regulatory crackdown in China since late 2020 on technology heavyweights that took aim at their empire building via stake acquisitions and domestic concentration of market power.

The regulatory crackdown came after years of a laissez-faire approach that drove growth and dealmaking at breakneck speed.

Tencent has been reducing holdings partly to appease the Chinese regulators and partly to book hefty profits on those bets, said three of the sources. The value of its shareholdings in listed companies excluding its subsidiaries dropped to just $89 billion as of end-March from $201 billion in the same period last year, according to its quarterly reports.

,

ug环球注册登录www.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。

,

"The regulators are apparently not happy that tech giants like Tencent have invested in and even become a big backer of various tech firms that run businesses closely related to people's livelihoods in the country," said one of the sources.

Shares of Hong Kong-listed Meituan fell more than 10% following the Reuters report while Tencent dropped more than 2% in Tuesday afternoon trade.

Tencent declined to comment. Meituan did not respond to a request for comment.

All the sources declined to be named due to confidentiality constraints.

Tencent announced in December the divestment of around 86% of its stake in JD.com Inc, worth $16.4 billion, weakening its ties to China's second-biggest e-commerce firm.

One month later, it raised $3 billion by selling a 2.6% stake in Singapore-based gaming and e-commerce company SEA Ltd , which was seen as a move to monetise its investment while adjusting business strategy.

Tencent has not pinned the sale of JD.com and SEA stakes on the regulatory crackdown.

The potential sale of the Meituan holding will likely be executed via a block trade in the public market which typically takes a day or two from marketing to completion, according to two of the sources.

It would be a fast and smooth way for Tencent to offload the shares, they added, compared to negotiating with a private buyer. - Reuters

  • 评论列表:
  •  皇冠体育app(www.hg108.vip)
     发布于 2023-02-05 00:22:53  回复
  • 全台湾疫情三级警戒已快要一个月,居家时代自煮三餐成为许多人的一样平常,变换差其余菜色甚至演酿成居家兴趣,复合式、DIY厨房小家电即成为下厨的好副手!凭证乐天市场数据剖析显示,兼具煮、烤、炖、煎等多功效的厨房家电最受消费者喜欢,平均售价在2,000元至5,000元销售量最高,占小型厨房家电的四成。乐天市场稀奇宣布七大厨房家电排行榜,第一至第七名依序是BRUNO 多功效电烤盘、TOFFY 万用调治锅、Hamilton Beach 康健无油爆米花机、KINYO耐嘉2in1三明治点心机、Oster BALL经典随鲜瓶果汁机、 BRUNO上掀式蒸汽烧烤箱、Sugiyama关东煮机。天堂啊

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。