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Didi drops after Tencent clarifies it did not buy new shares in the Chinese ride-hailing giant

February 12, 2022
Source: vnexplorer.net vnexplorer.net
News Snapshot:
Budrul Chukrut | LightRocket | Getty Images Shares of Chinese ride-hailing firm Didi fell in pre-market trade in the U.S. Friday after Tencent clarified that it did not increase its stake in the company. A regulatory filing on Thursday appeared to show that Tencent added around 1.78 million Didi Class A Ordinary shares at the end of last year, bringing its stake in the ride-hailing form to 7.4%. But a company spokesperson told CNBC Friday that these were shares Tencent already had that were previously undisclosed and that it had not bought any more Didi stock. After an initial report...
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