Tencent

Tencent Holdings To Step Up Investment In 'Smart Retail'

Chinese tech giant Tencent Holdings said it will step up its investment overseas and in industries such as 'smart retail', having already invested in more...

Carrefour Will Be Keen To Retain 'Laboratory' Aspect Of Chinese Venture: Analysis

While discounter Aldi has just made its first foray into the Chinese market, Carrefour has become the latest big name retailer to announce a retreat from t...

China's JD.com Looks To Warehousing Assets To Help Revive Profits

China's second-largest e-commerce firm, JD.com Inc, said it is shifting management of its warehousing assets to a separate unit, in a move it hopes will re...

Google To Invest $550m In Chinese E-Commerce Giant JD.com

Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing A...

Carrefour Sees China As 'Testing Ground' For New Retail Methods

French retailer Carrefour, which opened its first high-tech store in Shanghai last month in partnership with tech giant Tencent, sees China as the ideal lo...

Tencent To Back Carrefour In Challenge To Alibaba In Retail

Tencent plans to invest in Carrefour’s China unit, following Alibaba Group’s footsteps to uproot traditional grocery and department stores with...

Tencent To Buy 5% Stake In Supermarket Firm For $639 Million

Tencent Holdings agreed to buy a 5% stake in China’s Yonghui Superstores for about 4.22 billion yuan ($639 million), joining rival Alibaba Group Hold...

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