Neil Shen, the billionaire venture capitalists who heads Sequoia Capital China, has sold as much as $215 million in shares of Pinduoduo, Meituan and Dada Nexus, Chinese e-commerce apps hit by the government’s crackdown on tech, the Financial Times reported. The report said Shen sold about $30 million in shares of Pinduoduo, a discount shopping app that has seen its share price fall by half...
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