Why Alibaba Fears Tencent's Online Incursions
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.
- Confucius and the World He Created
- The Lost Novel
- Reinventing the Bicycle in Beijing
- Waiting for the Light
- Baidu, Hospital Association Squabble over Ad Charges
- Deadly Work
- China-U.S. Trade Engagement in Asia Could Be Win-Win
- Baosteel's Listed Arm Had Declines in Revenue, Net Profit in 2014
- Security Ministry Cancels 1.44 Mln Fake Hukou Documents
- Why Raising Retirement Age Is No Cure-All for Population Problems
- Sign up to receive our free daily newsletter
- Kissinger: China, U.S. Must 'Lead in Cooperation'
- Yuan and Gold: Old Enemies Should Finally Become Friends
- Saudi Aramco's Supply to China Potentially Doubling
- New Agenda for China's Feared Family Planners
- Graphics: AIIB's Aims
- Who Is Prince Qing?
- Ex-Police Chief Held for Murder Said to Be Linked to Graft Case
- Sinophobia: Anxiety, Violence, and the Making of Mongolian Identity
- Amid Worsening Pollution, Gov't Moves toward Law on Ecotaxes
- Shrewd Smiles as Online Bankers Test New Tech