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    Tencent unit seeks up to $1.55 billion from Kuaishou share sale, term sheet shows

    Picture of Kuaishou Technology logoKuaishou Technology
    06/07/2026 13:19
    Tencent unit seeks up to $1.55 billion from Kuaishou share sale, term sheet shows
    SINGAPORE, July 6 (Reuters) - Tencent Mobility, a unit of Tencent Holdings 0700.HK, is seeking to raise up to $1.55 billion by selling shares in Chinese short-video company Kuaishou Technology 1024.HK, according to term sheet seen by Reuters on Monday.

     (Reporting by Yantoultra Ngui; Editing by Joe Bavier)
     ((Yantoultra.Ngui@thomsonreuters.com;))

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