Billionaire Wang Jianlin has sold a 14 per cent stake in Wanda Commercial Properties to a group of investors led by Tencent Holdings. Photo: SCMP

China’s e-commerce trio invest US$5.4 billion in Wanda’s bricks-and-mortar retail business

Tencent is increasingly eyeing offline opportunities and the investment comes a week after its showed interest in buying Carrefour’s mainland operations.

Topic |   Dalian Wanda Group

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Billionaire Wang Jianlin has sold a 14 per cent stake in Wanda Commercial Properties to a group of investors led by Tencent Holdings. Photo: SCMP
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