<http://schema.org/articleBody>
"Chinese Internet giant\u00A0Tencent,\u00A0which is best known for its wildly popular messaging service WeChat (known as Weixin in China), is reportedly in talks to combine its e-commerce operations with online retailer Jingdong.\r\n\r\nBloomberg reports that Tencent may integrate its online shopping operations in return for a 6 percent stake in Jingdong, which owns the e-commerce site JD.com. Tencent owns\u00A0Chinese retailing site\u00A051Buy.com\u00A0(known as Yixun in China).\r\n\r\nA combination of both e-commerce businesses would no doubt lead to a stronger push for e-commerce on WeChat. It's still an early start to the year, but\u00A0Tencent has already been taking steps to do so via\u00A0a $50 million investment\u00A0in 'China's Yelp' announced yesterday, as well as a logistics deal last month. In the meantime, JD.com would likely benefit from increased traffic via WeChat, a boon for the company that just filed for a $1.5 billion IPO last month.\r\n\r\nIf Tencent and Jingdong team up, it would pose a huge threat to\u00A0Chinese e-commerce giant Alibaba, which is already stepping up its mobile social efforts. Both companies declined to comment when contacted by TNW.\r\n\r\n\u27A4 Tencent, JD.com Said in Talks to Combine E-Commerce Business [Bloomberg]\r\n\r\nImage via Alex Kwong/Flickr"^^<http://www.w3.org/2001/XMLSchema#string>
<http://thenextweb.com/asia/2014/02/20/tencent-reportedly-partnering-chinese-online-retailer-jingdong-gang-alibaba/?_escaped_fragment_=y8fVD>