Tencent Holdings Ltd
After $140 Billion Wipeout, Alibaba and Tencent Bid for Comeback
The Chinese companies are likely to rebound from trade war losses since May, with Alibaba's revenue projected to grow by 38 percent and Tencent's revenue is expected to grow by 27 percent.
Alibaba, Tencent Rally Troops Amid $10 Billion Retail Battle
China’s tech giants, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets.
Tencent to Buy Stake in Supermarket Chain in Rare Retail Foray
The deal sets up a clash with arch-rival Alibaba Group Holding Ltd. in physical retail.
Baidu and Tencent Pull Out of $3 Billion Shopping Mall Venture
The $3 billion venture, with one of China’s richest men, was launched barely two years ago, with the ambition of revolutionising mall shopping.
Tencent-Backed Women’s Fashion Site Merging With Chinese Rival
China’s Meilishuo.com, a fashion retailer backed by Tencent Holdings Ltd., is merging with rival Mogujie.com, marking the latest alliance in the country’s e-commerce industry.