Scalper1 News
Shares of Chinese Internet mammoth Tencent (TCEHY) are nearing a buy point on the stock market today. Tencent is China’s messaging giant, running the WeChat and QQ services. It also has a hand in a multitude of other Chinese businesses, including JD.com (JD), BitAuto (BITA) and 58.com (WUBA). At the end of last year, Tencent signed a deal with Time Warner (TWX) to be the exclusive distributor of HBO content in China. It’s in fierce competition Scalper1 News
Scalper1 News