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Benzinga
Benzinga
Business
Anusuya Lahiri

Tencent Says It Did Not Make New Investment In DiDi Since IPO

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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