Zhitong Financial App News, TRUE PARTNER (08657) issued an announcement that on August 25, 2023, Qunyi entered into a sale agreement with TP China (a wholly-owned subsidiary of the company). TP China agreed to sell and Gunyi agreed to buy the sale shares (accounting for 49% of GZP shares) at a consideration of US $79500.
Immediately after the completion of the sale, TP China will no longer have a stake in Groupon.