Tencent plans to divest Meituan stake worth $24 bln -sources
By Julie Zhu and Kane Wu HONG KONG, Aug 16 (Reuters) — 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, …
