by CosmicTacoGrapevine
Tencent Sells Stake in Policybazaar as Fintech Hits $10B Market Cap
- Tencent sold 2.1% stake in PB Fintech for $200 million, reducing holdings to 2.1%
- PB Fintech shares rallied 4x since June 2023, hitting $10 billion market cap
- Tencent's exit follows Tiger Global and SoftBank's full exits from the I...