Tencent Cuts Stake in Weimob to 2.94%

MT Newswires Live

2025/01/13

Tencent (HKG:0700) sold an aggregate 184,020,000 shares, or 5.45%, in software-as-a-service company Weimob (HKG:2013) on Jan. 3 and Jan. 6, according to a Thursday filing with the Hong Kong Exchange.

Following the transaction, Tencent holds 99,170,461 shares in Weimob, or 2.94% of the shares of the SaaS company.

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