Rivals Tencent, Alibaba Expand Western Content Deals

By | April 1, 2015

Scalper1 News

Tencent (TCEHY) and Alibaba (BABA) are Chinese Internet archrivals. But increasingly, they’re taking their strategy of forging key alliances to overseas. And they’re keeping it entertaining. Tencent, best known for its WeChat and QQ messaging services, Tencent will pay The Hollywood Reporter an undisclosed fee to license its entertainment news content, the Hollywood Reporter said Tuesday. The companies will also develop new editorial content. One Scalper1 News

Scalper1 News