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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? Tencent makes e-commerce play with JD.com deal to invest in online fashion retailer Vipshop Tencent and JD.com team up to take on Alibaba, invest $863m in e-commerce player |
Monday, December 18, 2017
E-Commerce
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

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