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The Economic Times
The Economic Times

Tencent unit seeks up to $1.55 billion from short-video company Kuaishou share sale

Kuaishou Tencent

Tencent Mobility, a unit of Tencent Holdings, is seeking to raise up to $1.55 billion by selling shares in Chinese short-video company Kuaishou Technology, according to ‌a ⁠term sheet ⁠seen by Reuters on Monday.

Here are more details from the term sheet:

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