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Tencent Invests RMB 500 Mln in B2C Strategy

New Express, 8/04/11

Chinese internet giant Tencent (0700.HK) has announced plans to invest RMB 500 mln in marketing funds to bring quality merchants to B2C and C2C e-commerce platform Paipai, develop an e-commerce open platform strategy, and launch a new "super B2C" platform by Q4 2011. Read More