The logo of Tencent seen at Tencent’s office in Shanghai on December 13, 2021. Photo: Reuters
The logo of Tencent seen at Tencent’s office in Shanghai on December 13, 2021. Photo: Reuters
Tencent

Tencent divestments could signal more sales amid Big Tech crackdown as it shifts focus to new tech like the metaverse

  • Tencent’s sale of Sea and JD.com stakes is raising questions about its holdings in other Big Tech firms like Pinduoduo and Meituan
  • The move aligns with regulators’ antitrust crackdown, but Tencent and analysts say it also allows the company to put resources into new tech like the metaverse

The logo of Tencent seen at Tencent’s office in Shanghai on December 13, 2021. Photo: Reuters
The logo of Tencent seen at Tencent’s office in Shanghai on December 13, 2021. Photo: Reuters
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