Tencent Plans to Sell a Stake in Singapore’s Sea for Up to $3 Billion

  • Date: 04-Jan-2022
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Tencent Plans to Sell a Stake in Singapore’s Sea for Up to $3 Billion

(Bloomberg) -- Tencent Holdings Ltd. is seeking to sell a stake in Singaporean online gaming and e-commerce company Sea Ltd. to raise as much as $3.1 billion for new initiatives and philanthropic efforts to aid wealth redistribution.

Most Read from Bloomberg

Omicron Cases Are Hitting Highs, But New Data Put End in Sight