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