The Beijing headquarters of Chinese e-commerce company JD.com seen on June 2, 2020. Photo: Kyodo
The Beijing headquarters of Chinese e-commerce company JD.com seen on June 2, 2020. Photo: Kyodo
JD.com

JD.com extends access to Tencent’s WeChat for three years with US$220 million in stock

  • JD.com is keeping its preferential access to WeChat’s 1.29 billion users, extending a partnership with Tencent that gives it a short cut on the platform
  • The new stock issuance comes after Tencent offloaded US$16 billion in JD shares in December, reducing its stake to 2.3 per cent

The Beijing headquarters of Chinese e-commerce company JD.com seen on June 2, 2020. Photo: Kyodo
The Beijing headquarters of Chinese e-commerce company JD.com seen on June 2, 2020. Photo: Kyodo
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