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JD.com and Tencent invest US$863m to boost fashion offering

2017-12-18 11:19:00| Daily apparel & textile news and comment - from just-style.com

Chinese internet giants JD.com and Tencent are to invest US$863m in Vipshop, a leading online discount retailer for brands in the country, in a bid to boost the companies' respective fashion businesses.

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Category:Consumer Goods and Services

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