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Tencent's Paipai, QQ Mall 12/12 Sales Reach RMB 770 Mln

Tencent Tech, 12/20/12

Chinese internet giant Tencent's (0700.HK) e-commerce subsidiary, Tencent E-Commerce Holdings, today released data showing that its B2C & C2C e-commerce platforms Paipai and QQ Mall saw total transaction value during its December 10-14 "12/12" sales event reach RMB 770 mln. Tencent E-Commerce Holdings also revealed that it launched an incentives program during the event providing up to RMB 500,000 in cost subsidies to eligible high-quality merchants who met certain requirements.

Keywords: marketing e-commerce Paipai Internet B2C C2C Tencent 0700.HK QQ Mall 12/12 transaction volume

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