Does Tencent still own Meituan?

Written by Editorial Team | Last Updated: August 2026

Tencent significantly reduced its direct equity ownership in Meituan by distributing the vast majority of its massive stake to its own shareholders as a special interim dividend, effectively ending its status as Meituan's controlling backer. This historic corporate divestment was executed to realign investment portfolios, distribute value directly to investors, and navigate shifting regulatory frameworks governing major technology conglomerates operating within China's digital economy.

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