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Tencent, JD.Com To Inject $863M In E-Commerce Player Vipshop, Intensifying Battle With Rival Alibaba

  • December 18, 2017 — 10:18 CST

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Tencent Holdings Ltd. and JD.com, Inc. said the two plan to invest an aggregate of approximately US$863 million in cash in Vipshop Holdings Ltd. (NYSE:VIPS),... [DATA LOCKED]

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