Caixin OnlineBusiness & IndustryTop Stories Industry Why Alibaba Fears Tencent's Online Incursions
03.25.2014 18:19

Why Alibaba Fears Tencent's Online Incursions

Two kingpins of the Chinese e-commerce sector are increasingly at odds and adjusting strategies
By staff reporter Zhu Yishi
1

Alibaba Group chairman Jack Ma (left), Tencent Holdings chairman Ma Huateng (right) 


(Beijing) – Tencent Holdings is using its popular social networking app WeChat to push even deeper into the e-commerce territory dominated in China by Alibaba Group.

Analysts say Tencent's latest moves have forced Alibaba, which runs the Tabao B2B and Tmall B2C shopping websites, to rethink its mobile e-commerce strategy.

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Twenty months into a campaign against corrupt leaders, the crackdown is accelerating and the public is in the loop
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