English Gramer question
With its NYSE-listed parent company, VIPShop (NYSE: VIPS), recently securing an equity stake from the owners of WeChat, a social media platform in China akin to FaceBook, VIP.com will provide brands access to potentially one billion active users monthly.
I am confused on the above sentence, does it mean Vipshop acquire Wechat's parent company partially?
Or it means WeChat bought some of vipshop's equity? if it is like that, isnt it suppose to be a passive term as " recently secured an equity state by WeChat"?