This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Tencent Considers More Stake Sales to Fund Share Buybacks, Growth
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Tech > Tencent Considers More Stake Sales to Fund Share Buybacks, Growth
Tech

Tencent Considers More Stake Sales to Fund Share Buybacks, Growth

Editorial Board Published September 20, 2022
Share
Tencent Considers More Stake Sales to Fund Share Buybacks, Growth
SHARE

Tencent Holdings Ltd. is looking into shedding more of its huge investment portfolio as the Chinese social-media and videogame company tries to fund a series of share buybacks and refocus its growth strategy, people familiar with the matter said.

The technology giant, which owns stakes in some of China’s largest internet companies, has recently completed a regular review of its sprawling portfolio and identified its priorities for possible stake sales based on the returns these investments have generated, the people said. Potential disposals could include online real-estate brokerage KE Holdings food-delivery company Meituan and ride-hailing giant Didi Global they added. Tencent is in no rush to execute the divestments, the people said, and it is unclear when they will happen.

TAGGED:Tech NewsWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Apple’s Fix for iPhone 14, iOS 16 Bugs Coming Next Week Apple’s Fix for iPhone 14, iOS 16 Bugs Coming Next Week
Next Article Musk Proposes Iran Starlink Access as Protests Spread Musk Proposes Iran Starlink Access as Protests Spread

Editor's Pick

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Studying Time: 2 minutes Beloved influencer Emman Atienza has been discovered lifeless in Los Angeles. She was simply 19 years…

By Editorial Board 2 Min Read
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion

We independently consider all advisable services. Any services or products put ahead…

6 Min Read
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing
Santa Rosa police arrest suspects in Condor Membership supervisor’s killing

Santa Rosa police have arrested a person and lady from Dublin within…

2 Min Read

Oponion

Time magazine’s ‘Person of the Year’ is Elon Musk

Time magazine’s ‘Person of the Year’ is Elon Musk

NEW YORK — Calling him a “clown, genius, edgelord, visionary,…

December 13, 2021

Elon Musk and Twitter Set to Face Off at Omnibus Hearing Next Week

This copy is for your personal,…

September 3, 2022

Jenelle Evans Blasts ‘Delusional’ Amber Portwood

Studying Time: 3 minutes Jenelle Evans…

July 16, 2025

Costco points pressing recall notices for tires, air conditioners and energy banks

'The Huge Cash Present' talks DEI…

July 7, 2025

Sumo’s new international star eyes America after win in London: “Of course I’ll be there!”

London — Sumo’s largest worldwide showcase…

October 20, 2025

You Might Also Like

Our Favourite Cordless Stick Vacuum Is Marked Down
Tech

Our Favourite Cordless Stick Vacuum Is Marked Down $50

Uninterested in pet hair and mud within the hard-to-reach spots of your house? Our favourite choose for cordless stick vacuums,…

3 Min Read
We Examined the Finest Sensible Christmas Lights for Simple Vacation Dazzle
Tech

We Examined the Finest Sensible Christmas Lights for Simple Vacation Dazzle

Evaluating Our Favourite Sensible Christmas LightsHonorable MentionsListed here are among the different sensible string lights we have examined for this…

5 Min Read
“I Sweated So Much I Never Needed to Pee”: Life in China’s Relentless Gig Financial system
Tech

“I Sweated So Much I Never Needed to Pee”: Life in China’s Relentless Gig Financial system

“Often, sweat was dripping down my back within the first two hours of a shift and would not stop dripping…

4 Min Read
NASA’s Quiet Supersonic Jet Takes Flight
Tech

NASA’s Quiet Supersonic Jet Takes Flight

The X-59 will generate a decrease “sonic thump” because of its distinctive design. It was given an extended, slender nostril…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?