Rumor: Tencent, Jingdong Ink Investment Deal
21st Century Business Herald, 2/18/14
According to investment banking sources, Chinese internet and mobile services firm Tencent (0700.HK) has completed an investment in Beijing-based B2C e-commerce platform JD.com (Jingdong), and the two companies will announce the investment within a few days. Neither Tencent nor Jingdong has confirmed the rumor.
Editor's Note: For more information on this topic, please see "Rumor: Tencent in Talks to Invest in Jingdong," MD 1/07/14 issue.
Keywords: e-commerce Internet investment B2C Tencent 0700.HK Jingdong
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