Tuesday, October 14, 2014

Are we witnessing the rise and rise of Tencent?

As Tencent battles Alibaba in the e-commerce space and moves to open a bank, are we seeing the unstoppable ascent of this Asian tech giant? Tencent Holdings*posted a 59 per cent rise in second quarter profits for 2014 during August and saw its monthly active users on WeChat,*up from 396 million the previous quarter to...



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