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 ...
Are China's Two Biggest Companies Nearing an E-Commerce Showdown?Wall Street Journal
Tencent makes e-commerce play with JD.com deal to invest in online fashion retailer VipshopSouth China Morning Post
Tencent and JD.com team up to take on Alibaba, invest $863m in e-commerce playerThe Drum
China Money Network -GlobeNewswire (press release) -The Express Tribune
all 24 news articles »


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