Alibaba, Tencent move closer to cooperating in user services under Beijing’s antitrust pressure

Source: Tech – South China Morning PostThey have been fierce rivals for many years, but China’s two biggest internet platforms may now start breaking down walls instead of building them after the Chinese government doubled down on its efforts to break up tech monopolies.Talks on interconnecting the services of Alibaba Group Holding, the e-commerce giant that owns the South China Morning Post, and Tencent Holdings, the social media and gaming conglomerate, have been ongoing since March, when Alibaba flagged the idea of launching a…Read More

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