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Posts Tagged ‘Alibaba Group Holding Ltd’

Chinas largest Internet company Tencent Holdings Ltd may soon announce a deal to take about a 16 percent stake in online retailer JD.com and merge their online shopping platforms, local media reported on Saturday. JD.com, Chinas second-largest e-commerce company, has a nearly 13 percent market share. Any deal between two of Chinas largest online companies […]

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BEIJING (Reuters) – Baidu Inc is prepared to grow by making further acquisitions in 2014, Chief Executive Robin Li said on Thursday after the Chinese Internet company reported its fourth quarter earnings. Baidus aggressive strategy to gain ground on competitors such as Tencent Holdings Ltd and Alibaba Group Holding Ltd has spurred a buying spree. […]

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By Denny Thomas and Paul Carsten HONG KONG/BEIJING (Reuters) – Billionaire Jack Mas Alibaba, the dominant force in Chinas $1.6 trillion e-commerce market, may already have lost a battle with rival Tencent for the worlds biggest mobile market. While Alibaba Group Holding Ltd dominates in e-commerce, Tencent Holdings Ltd has taken over Chinas smartphone screens […]

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