Tencent to leverage mobile commerce services through new investment

Mobile Commerce Trends

Tencent invests $180 million in Leju, acquires 15% stake in company China’s Internet giant Tencent continues to make moves in the digital space. The company has made a $180 million investment in Leju, a provider of digital real estate services based in China. Tencent now has a 15% stake in the company and believes that Leju can further bolster its digital presence. Tencent has become engrossed in the mobile field, making investments in several mobile commerce firms over the past several months. The company is currently competing with Alibaba, which…

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