shareholder - Asia Tech Wire

shareholder

2021.04.13

18:00

Meituan stock drops 7.44% after main shareholder is rumored to sell 5.12% of its holdings

Sources said that Chinese delivery food company, Meituan (3690.HK) is deploying a share placement involving $10 billion.

2021.04.09

07:15

Baidu wins lawsuit over defrauding U.S. shareholders

A U.S. judge has disallowed a lawsuit against Chinese search engine giant Baidu. It alleged that Baidu defrauded shareholders about its ability to comply with Chinese regulations on Internet content, according to Reuters.

2021.03.15

10:05

Tencent will become the sixth largest shareholder of Rakuten

On March 12, Rakuten announced that China's tech giant Tencent, Japan Post Holdings and U.S. retail giant Walmart will take a stake in the company. Citigroup publishes a research report that Tencent will become the sixth largest shareholder after the transaction is completed.

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