Tencent picks 2.84% stake in SH-listed LBX Pharmacy for $85m

Tencent picks 2.84% stake in SH-listed LBX Pharmacy for $85m

Source: Laurynas Mereckas/Unsplash

Chinese social and gaming giant Tencent has entered into an agreement to invest up to 600 million yuan ($85 million) in Shanghai-listed discount chain LBX Pharmacy.

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