A Tencent-led consortium agreed to invest $5.4bn in Dalian Wanda Commercial Properties. Suning Holdings Group, JD.com and Sunac China Holdings Group will join forces with Tencent to acquire 14% of Dalian Wanda Commercial Properties, which was delisted from the Hong Kong stock exchange in 2016. Wanda says it plans to use the “huge online resources” of Tencent, Suning, and JD.com, and its own “vast offline commercial assets” to jointly build a “new consumption” model in China that will integrate both online and offline services.