JD.com to pay $220 million in stock to investor Tencent

Peoria, IL, USA 1470 & 100.3 WMBD

Jun 29, 2022 | 6:19 AM

(Reuters) – China’s JD.Com Inc said on Wednesday it will pay its investor Tencent Holdings Inc $220 million in class A shares over a three-year period for certain services on the latter’s WeChat platform.

(Reporting by Yuvraj Malik in Bengaluru)

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JD.com to pay $220 million in stock to investor Tencent

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