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Tencent reduces its stake in JD.com by distributing most of its holdings to shareholders as dividends

This will be the largest shareholder dividend ever issued by a Chinese internet company.

2 mins read
  • Snapdeal plans to use INR 9 billion (USD 119 million) from the IPO proceeds for organic growth initiatives over the next five financial years.

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    SoftBank-backed Snapdeal aims to raise USD 165 million from IPO, eyes international expansion

    5 mins read

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