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Tag: Guo Shuqing

China Snaps Up Golden Shares In Tencent And Alibaba

China Snaps Up Golden Shares In Tencent And Alibaba

China has reportedly acquired minority stakes in the country’s big tech firms Tencent Holdings and Alibaba Group as it plans to tighten its oversight on online content. This comes after the government previously snapped up shares from TikTok’s owner ByteDance.

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