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| VIEW EVENT INFORMATION: Alibaba |
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Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba |
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About the organization Alibaba:
Type: Business
Sub-Types: Website, Advertising Agent, Retailing Agent, Computer Software, Search Engine, E-Commerce |
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Notable Organizations: Alibaba, Techcrunch
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| Chinese Internet giant Tencent is probably best-known in the rest of the world as the creator of WeChat and for its reported investment in Snapchat. On its home turf, however, Tencent is engaged in an aggressive battle with Alibaba, which dominates China’s lucrative and fast-growing online shopping industry. Now Tencent has strengthened its e-commerce strategy with an investment worth… |
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