Jingdong Mall

The new alliance between Tencent and JD.com intensifies the e-commerce challenge to market leader Alibaba. Photo: SCMP

Tencent-JD.com alliance intensifies e-commerce challenge to Alibaba

The mainland's rapidly expanding e-commerce landscape is poised for a seismic shift after Tencent agreed to acquire a 15 per cent stake in online retail platform JD.com for US$214.66 million, ratcheting up their challenge to market leader and common riv