Tencent

Community group buying is revolutionising the grocery e-commerce space in China. Disruptive brands like Furong Xingsheng and Nice Tuan are garnering major traction by cracking the long-standing conundrum around e-commerce for fresh produce and have raised multi-millions in funding...

Tencent has invested US$ 62.8 million in Indian e-commerce giant, Flipkart, according to filings sourced by paper.vc. “There is the possibility though that Tencent’s investment is the first money in, as part of this larger round involving Walmart and other...

Imagine walking into a store, choosing a product, standing in a long line to pay and then getting into an argument with a cashier. Now, imagine walking into a store and getting personalised attention, choosing products that are customised...

Retail giant Walmart Inc. on Saturday acquired approximately 77 percent stake in e-commerce major Flipkart. According to a statement, Walmart now holds approximately 77 percent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart...

Chinese Internet giant Tencent has opened its first cashier-less pop-up store in Shanghai in a move to tap into the country's promising unmanned retail industry. According to a PTI report: At the 300-square meter shop named We Life, shoppers can...

Carrefour has announced a potential investment by Tencent and Yonghui in Carrefour China as well as a strategic cooperation agreement with Tencent in China. Potential Investment by Tencent and Yonghui in Carrefour China Carrefour has signed a term sheet with Tencent...