Tencent increases stake in Chinese ride-hailing giant Didi but shares drop after initial pop
Chinese internet giant Tencent has increased its stake in ride-hailing firm Didi, sending the shares of the U.S.-listed company up more than 8% on Wednesday. However, shares of Didi were down around 5% in pre-market trade on Thursday. Tencent added about 1.78 million Class A Ordinary shares at the end of last year, according to…