Thursday, March 16, 2006

China's Instant Messaging King Tencent Launches Auction Site

From CCTV:

"Tencent, China's largest online instant communication operator, has started business operation of its C to C platform, after six months of trial operation."

"Backed by Tencent's influence in instant communication business, has been ascending in the market quickly. The quantity of its online goods has exceeded two million. Now Tencent is planning to combine the function of its chatting software QQ with the trading platform."

Tencent Dominates China's Fast Growing Instant Messaging Market
eBay Says Wins Market Share from Alibaba
Taobao Beats Ebay China in 2005 Transaction Volume


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