China's Tencent to give $16.4b JD.com stake to shareholders as dividend

China's Tencent to give $16.4b JD.com stake to shareholders as dividend

FILE PHOTO: A Tencent logo is seen in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo

Chinese gaming and social media company Tencent will hand a $16.4 billion JD.com stake as a dividend to its shareholders, weakening its ties to the e-commerce firm and raising questions about its plans for other holdings.