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Agenda-setting intelligence, analysis and advice for the global fashion community.

Alibaba and Tencent Spend Billions in Race to be China's One-stop Online Shop

Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world's population.
By
  • Reuters

SHANGHAI, China

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