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August 19, 2014
06:59 EDTSHI, TCEHYCouche-Tard, Tencent possible suitors for Sinopec unit deal, Reuters says
Alimentation Couche-Tard and Tencent (TCEHY) are among potential matches short-listed to purchase a $16B minority stake in Sinopec's (SHI) sales division, according to Reuters, citing people familiar with the matter. Reference Link
News For TCEHY;SHI From The Last 14 Days
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November 24, 2015
05:48 EDTTCEHYAlibaba shopping stake in Meituan-Dianping, WSJ reports
Alibaba (BABA) is in talks to sell a stake in Meituan-Dianping, an online booking and discounts platform in China, as part of a plan to focus on an alternative platform of its own, The Wall Street Journal reports. According to sources, Alibaba is shopping its roughly 7% stake in the company, worth about $1B, in a move to focus on the Koubei platform that it launched last June with its financial affiliate. Rival Chinese Internet company Tencent (TCEHY) is said to be planning a $1B investment in Meituan-Dianping, the publication also notes. Reference Link
05:43 EDTTCEHYApple to launch Apple Pay in China by February, WSJ reports
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November 17, 2015
08:03 EDTTCEHYWestern Union offers new global money transfer service on WeChat
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