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Rumor: Tencent, eBay to Launch JV Site

Sootoo, 6/28/13

According to a source close to the matter, Chinese internet and mobile services firm Tencent (0700.HK) and US e-commerce giant eBay have established a joint venture company. eBay's Chinese luxury B2C e-commerce partner Xiu.com is rumored to be the operator for the new JV's online site.

Representatives from all three companies have declined to comment on the matter.

Keywords: e-commerce eBay Internet Tencent JV 0700.HK Xiu.com B2C C2C

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