Tencent Names Barclays For JD.Com Stake Buy – ValueWalk Premium

Tencent Names Barclays For JD.Com Stake Buy

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


This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.

Saved Articles
Subscribe Now