The content originally appeared on: CNN Hong Kong (CNN Business)Tencent is dramatically cutting its stake in JD.com, China's second largest e-commerce company, as it seeks to stay on the right side of Beijing, which has been cracking down on tech giants to rein in their growing power and influence. Tencent (TCEHY) plans to distribute more than $16 billion worth of its stake in JD.com (JD) to its shareholders as a one-time dividend, the Chinese gaming and social media giant said […]
