Tencent Aims to Undercut Alibaba With 1B Users

Tencent Aims to Undercut Alibaba With 1B Users Play

Aug. 13 (Bloomberg) -- Tencent Holdings faces the prospect of losing its position as Asia’s most-valuable Internet company this year after Alibaba Group Holding goes public. The Shenzhen-based company isn’t going to concede quietly. Bloomberg's Lulu Chen has more on "First Up." (Source: Bloomberg)

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