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Aggregated China Business Blogs
JD.Com, Tencent To Invest $1.55B In Car Web Portal Bitauto
Aggregated Source: China Money Network
JD.com, Inc. and Tencent Holdings Ltd. have agreed to jointly invest US$1.55 billion in Beijing-based auto information and marketing web portal Bitauto Holdings Ltd., with the aim to build a comprehensive online automotive transaction services platform for Chinese car buyers, according to a company announcement. JD.com and Tencent will invest about US$1.3 billion in cash […]


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