Friday, 2 February 2018

Tencent to Invest $1.6 Billion in Menswear Firm Heilan, Sources Say

JD.com and Vipshop were among investors to acquire almost 10 percent of the company for 5 billion yuan, as Tencent pushes into retail to compete with Alibaba.  

from The Business of Fashion http://ift.tt/2rXs9PA

No comments:

Post a Comment

2 reasons there's a 'mom-cession' brewing in the US job market

Labor force participation has declined among women with the youngest child under 5. Jessie Casson/Getty Images It's tough to be a job-se...