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JD.com plans to form a JV with online fashion retailer Meili to build and run a commerce platform on Chinese voice-messaging service Weixin. Merchants who sell through the new platform, expected to launch before the Lunar New Year next month, will gain access…
Third-quarter revenues grew by 13 per cent to RMB40.388 billion (US$5.951 billion) for China’s Tencent Holdings, an investment holding company whose subsidiaries provide media, entertainment, internet and mobile-phone value-added services, and online…
Chinese eCommerce giant Tencent Holdings increased its revenues last year by 30 per to RMB101.9 billion ($US15.7 billion). Excluding its eCommerce business, the revenue increase was 38 per cent, to RMB102.2 billion. Tencent’s subsidiaries provide media,…
JD.com, China’s second largest eCommerce player, has reported a 76 per cent increase in core GMV sales in the third quarter to RMB111.0 billion (US$17.5 billion). Excluding Paipai.com – which the company is closing down by the end of this year – unique…
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