Tencent and JD.com invest $863M into e-commerce firm Vipshop to battle Alibaba - TechCrunch

Tencent and JD.com invest $863M into e-commerce firm Vipshop to battle Alibaba - TechCrunch

TechCrunch

Tencent and JD.com invest $863M into e-commerce firm Vipshop to battle Alibaba
TechCrunch
Vipshop is best-known as an online discount retailer for brands, with a particular focus on the fashion space. It went public in a lackluster 2012 listing, but it is seen as a strategic ally for Tencent and JD.com in their ongoing battle to rival ...
Tencent, JD.Com To Inject $863M In E-Commerce Player Vipshop, Intensifying Battle With Rival AlibabaChina Money Network
China's Tencent, JD.com invest $863 million in online retailer VipshopReuters
Tencent, JD.com and Vipshop Announce Equity Investment and Business CooperationGlobeNewswire (press release)
Fin24
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