Tencent Holdings Ltd (HKG:0700) (OTCMKTS:TCEHY) has appointed Barclays PLC (NYSE:BCS) (LON:BARC) for possible purchase of a stake in JD.Com Inc., reports The Wall Street Journal.
The operational tie-up between the Chinese social networking company and the e-commerce firm could create a strong competitor to Alibaba.
Tencent Holdings: Tie-up could create competitor for Alibaba
According to The Wall Street Journal report, the operational tie-up between the Chinese social networking and gaming...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
