Tencent will be providing mobile strategy via WeChat for JD.com e-commerce business to compete with Alibaba in return for IPO shares In a landmark strategic partnership, Tencent announced that it will buy a 15 percent stake in China’s No 2 e-commerce firm JD.com for $214.7 million. This is meant to threaten rival Alibaba with Tencent’s Read the full article...
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The post Tencent, JD.com come together to re-shape e-commerce in China appeared first on e27.
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