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Tencent takes a 15% stake in Chinese online retailer JD.com

to take on Alibaba

     
4:15 am on Mar 10, 2014 (gmt 0)

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http://thenextweb.com/asia/2014/03/10/tencent-takes-a-15-stake-in-chinese-online-retailer-jd-com-to-take-on-alibaba/ [thenextweb.com]

Tencent takes a 15% stake in Chinese online retailer JD.com to take on Alibaba

Chinese Internet giant Tencent, which is best known for its wildly popular messaging service WeChat (known as Weixin in China), has officially combined its e-commerce operations with online retailer JD.com, after rumors last month hinted at such a move.
 

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