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Tencent offloads stakes in allies as it continues investment spree – TechCrunch

Chinese internet titan Tencent is divesting its vast portfolio. On Tuesday, the company announced plans to offload more than $3 billion worth of shares in Sea, a Singaporean internet conglomerate, trimming its stake in Sea from 21.3% to 18.7% and bringing its voting rights under 10%.  The move came less than a month after Tencent […] ....

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