Let’s be frank, Tencent has been on an investment spree since last year with a swath of cases in ecommerce storefront, to name a few, Gaopeng in last February (probably the most notorious one), OKBuy in last May, Kela.cn in last June, 51buy.com (formerly known as Icson.com) and so forth. See chart 1 for more on Tencent’s investment moves in last year.
chart 1, Tencent Investments in 2011
The Tencent’s Way of Doing Ecommerce
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