DAVID vs GOLIATH: Billionaire Jack Ma's Alibaba, the dominant force in China's US$1.6tril (RM5.22tril) e-commerce market, may already have lost a battle with rival Tencent for the world's biggest mobile market. — Reuters
HONG KONG/BEIJING: Billionaire Jack Ma's Alibaba, the dominant force in China's US$1.6tril (RM5.22tril) e-commerce market, may already have lost a battle with rival Tencent for the world's biggest mobile market.
While Alibaba Group Holding Ltd dominates in e-commerce, Tencent Holdings Ltd has taken over China's smartphone screens with its WeChat, or Weixin, social messaging platform.
