Tencent – Ahead of the O2O Game

Tencent40Tencent Holding Limited (700.HK) is China’s largest internet company with a portfolio including some of China’s most successful internet services such as instant-messaging services QQ and WeChat, each with more than 600m active users. Tencent is on its way to close a deal to invest 1bn USD in the Meituan-Dianping, a joint venture backed from two startups in the area of group-buying services (similar to Groupon) and restaurant-review (similar to Yelp). Continue reading “Tencent – Ahead of the O2O Game”