51Buy, QQ Buy to Merge Back-end Systems in Q1 2013
Sootoo, 12/04/12
Chinese internet giant Tencent's (0700.HK) e-commerce division plans to merge the back ends of its B2C e-commerce platforms 51Buy and QQ Buy in Q1 2013, but will maintain separate front-end platforms. A Tencent E-Commerce representative said the two sites will gradually integrate individual product categories, and that integration efforts are currently underway.
Editor's Note: For more background on this topic, please see "Rumor: QQ Buy to Merge into 51Buy.com" MD 11/23/12 issue.
Keywords: e-commerce Internet B2C Tencent 0700.HK QQ Buy 51Buy