Alibaba Duels With Tencent for Online Dominance

Alibaba Duels With Tencent for Online Dominance Play

Aug. 8 (Bloomberg) -- Jack Ma’s Alibaba Group on Aug. 1 said it blocked Tencent Holdings’ WeChat to sellers. Four days later, billionaire Pony Ma’s Tencent introduced online payment features to mainland China users of its WhatsApp-like chat software. Lulu Chen has more on Bloomberg Television's "First Up." (Source: Bloomberg)

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