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Posts Tagged ‘58.com Inc’

(Reuters) – Tencent Holdings Ltd, Chinas biggest listed tech firm, will buy a 20 percent stake in online classifieds company 58.com Inc for $736 million as the company looks to boost its presence in the e-commerce business. Tencent, known for its mobile messaging app WeChat, has already spent more than $1.2 billion in areas such […]

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