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Aggregated China Business Blogs
Tencent Adjusts E-commerce Subsidiary Structure In China
Aggregated Source: ChinaTechNews.com
According to an internal email reportedly sent by Bu Guangqi, chief executive officer of Tencent's e-commerce subsidiary 51buy.com, the company will implement a structural adjustment, aiming at sales of CNY15 billion to CNY20 billion in 2013. With this move, the company will establish a new e-commerce operating unit, a logistics unit, an enterprise development unit, [...]
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