Tencent Divesting $15B - Why is the Chinese Tech Giant Selling Off Assets?
Tencent, a tech conglomerate based in China, is divesting $14.5 billion worth of assets in a move to appease Chinese monopoly regulators and better position the company in the event of an economic downturn. While Tencent claims these divestments are part of its "goal of generating strong returns for our company and shareholders", I think there's influence at play here from CCP regulators and operatives.
Tencent divestment strategy sends chill through China’s tech sector: https://www.ft.com/content/24f7b605-3052-4476-ae2d-a2d0028e70a4
#tencent #tencentgames #antitrust
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Видео Tencent Divesting $15B - Why is the Chinese Tech Giant Selling Off Assets? канала Applico
Tencent divestment strategy sends chill through China’s tech sector: https://www.ft.com/content/24f7b605-3052-4476-ae2d-a2d0028e70a4
#tencent #tencentgames #antitrust
—
📚 Grab a copy of the Amazon Best Seller Modern Monopolies: https://amzn.com/B017RC8CBC
❓ Are you part of a large enterprise interested in spinning out a platform business? Connect with us here: https://resources.applicoinc.com/wta-contact/
🎧 Listen to an audio version of the WTA Podcast here: https://anchor.fm/winnertakeall
At Applico, we identify untapped, intrinsic assets that give existing enterprises an enormous advantage to spin-out new tech companies. WisdomTree licensed Applico's Platform Insights Data Product to aid in the creation of the PLAT ETF.
Видео Tencent Divesting $15B - Why is the Chinese Tech Giant Selling Off Assets? канала Applico
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