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Tencent 'eyes Singapore' for WeChat spinoff

By Li Tao in Hong Kong | 皇冠体育app Daily | Updated: 2013-08-13 07:24

Tencent Holdings Ltd, 皇冠体育app's biggest Internet company, is planning a spinoff of its popular messaging and social media app through a separate listing on the Singapore stock exchange.

Tencent has set up an office in Singapore to deal with WeChat's listing, a person close to the matter told 皇冠体育app Daily.

The source didn't disclose the name of the new entity.

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