Tencent Raises Stake In Chinese E-Commerce Platform To Heat Up Retail Battle With Alibaba

Login to View

Tencent Mobility, a wholly-owned subsidiary of Chinese internet titan Tencent, has paid over US$43.41 million to raise its shares in the country’s online discount retailer Vipshop, as revealed by a regulatory document filed with the SEC on Thursday.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Read 2 Articles for Free with a Basic Account

Gain limited and restricted access to China Money Network.

Register Basic Account

Subscribe for an annual subscription!

Enjoy comprehensive and exclusive data you can't find elsewhere!

More Info

Subscribe and Pay Easily Online!

Already have an account or paid subscription? Log in