Chinas Tencent Holdings Ltd | DataProtectionCenter.com

Tencent to buy 15 pct stake in JD.com in challenge to Alibaba

10

Mar

2014

By Paul Carsten BEIJING (Reuters) – Tencent Holdings Ltd will buy a 15 percent stake in e-commerce firm JD.com for $214.7 million, as the two seek to challenge Alibaba Group Holdings dominant position in online shopping in China. Tencent also plans take an additional 5 percent of JD.com on a post-IPO basis, and Tencent President […]

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China’s Tencent may take 16 percent stake in JD.com: media

08

Mar

2014

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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Baidu prepared to grow through further acquisitions in 2014: CEO

27

Feb

2014

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. […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Tencent to buy 15 pct stake in JD.com in challenge to Alibaba

China’s Tencent may take 16 percent stake in JD.com: media

Baidu prepared to grow through further acquisitions in 2014: CEO

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