Search Results for:Pei Li

China’s JD.com raises $2.5b for logistics arm led by Hillhouse, Sequoia, Tencent, others

JD Logistics was valued at $10.9 billion prior to the new funding.


China’s Shanda Games confirms $474m investment from Tencent

China is the world’s largest video games market, registering an estimated $32.5 billion in sales last year,


Alibaba to take $486m stake in local data firm in offline retail push

Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition in the space from rival Tencent.


Tencent invests $150m in Chinese ticketing platform Maoyan

Tencent’s investment points to heated competition with rival ticketing app Taopiaopiao owned by Alibaba.