Tencent-led investor group, which includes JD.com, is spending $5.4B for a 14% stake in Wanda Commercial Properties Co., China’s largest mall operator (Bloomberg)

Bloomberg:
Tencent-led investor group, which includes JD.com, is spending $ 5.4B for a 14% stake in Wanda Commercial Properties Co., China’s largest mall operator  —  JD, Sunac and Suning will also take part in acquisition deal  —  The investment marks a major internet-retail industry tie-up


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