Caixin
Jun 21, 2022 09:18 PM
TECH INSIDER

Tech Insider: JD.com Shrinks Group-Buying Biz Again, TikTok Shifts U.S. Data

Photo: VCG
Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Tencent reduces holdings in New Oriental subsidiary

Tencent Holdings Ltd. has slashed its stake in New Oriental’s Hong Kong-listed online education subsidiary Koolearn Technology Holding Ltd., after its share price saw a jaw-dropping rally in the past two weeks after a surge in users of its parent’s livestreaming e-commerce unit.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin China Biz Roundup: Police Interrogate Woman for Kimono Photoshoot
00:00
00:00/00:00