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Benzinga

Business

Anusuya Lahiri

SHOCKING: Tencent says it did not make new investment in didi since ipo - You Need To See This

Didi Tencent DiDi Global Inc NYSE SEC Tencent Holdings Ltd WeChat

Tencent Holdings Ltd (OTC:TCEHY) revealed not making any new investment in DiDi Global Inc (NYSE:DIDI) since it went public, Bloomberg reports.
However, Didi's SEC filings disclosed an increased stake by Tencent.
Tencent's filings disclosed the addition of 1.8 million Didi shares to its last-known holdings.
Related Content: Why DiDi Global Shares Are Rising
The company clarified that Tencent subscribed to the additional stock during Didi's IPO, not previously disclosed.
Tencent, which operates the WeChat messaging platform, did not acquire additional stock in Didi since its debut, the company added.
Price Action: DIDI shares traded higher by 8.84% at $4.31 in the premarket on the last check Friday.

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