Tencent Seeks to Sell Up to $1.6 Billion Stake in Kuaishou

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Bloomberg Technology 13 hours ago • bloomberg.com

Tencent Seeks to Sell Up to $1.6 Billion Stake in Kuaishou

Tencent Holdings Ltd. is seeking to raise as much as $1.55 billion in a selldown of part of its stake in short-video app operator Kuaishou Technology through a block trade.

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