(AOF) – JD.com drops nearly 10% to $ 66,535. Chinese social media and games giant Tencent Holdings will pay shareholders a dividend of $ 16.4 billion after reducing its stake in Chinese e-commerce specialist JD.com. The sale of around 457 million shares of JD.com would reduce Tencent’s stake to just over 2%, from the current 17%. After the distribution, the American distribution giant Walmart will become the largest shareholder of JD.com with a 9.3% stake.
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