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Reuters

China's Tencent, JD.com invest $863 million in online retailer Vipshop

  • December 18, 2017
  • min read

Reuters

China's Tencent, JD.com invest $863 million in online retailer Vipshop

“Right now in the Chinese market we have two internet powers,” said Weiwen Han, managing partner for Greater China at Bain & Company. “Investments will either fall into the Alibaba or Tencent camp.”