Chinese Billionaires Clash as Alibaba, Tencent Duel
Two of China’s richest men are intensifying their rivalry over the world’s biggest Internet market. Jack Ma’s Alibaba Group Holding Ltd., the country’s largest e-commerce company, on Aug. 1 said it blocked Tencent Holdings Ltd. (700)’s WeChat to sellers.
Chinese mobile Internet giants in e-commerce rivalryPeople’s Daily Online
Source: chinese – Google News
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