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Report: Tencent Cloud Plans to Sell Approximately US$75 Million Worth of PB Fintech Shares
16 hour ago /
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Author：小编
On March 6, 2026, Tencent Cloud sold all its shares in PB Fintech through a joint transaction at a price of INR 1,435 per share, totaling INR 6.9 billion (approximately US$75 million), representing a 2.6% discount to the closing price on March 5. The transaction was facilitated by several international investment banks and is expected to be completed on March 7, with the funds to be used for Tencent's overseas cloud infrastructure and AI business expansion.
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