• Mobile Commerce News, Wednesday, August 20, 2014 12:13 PM

China’s e-commerce space may soon see a significant shift in power. Alibaba, one of the largest e-commerce and Internet organizations in the world, is preparing to launch an initial public offering on the New York Stock Exchange. This has taken a significant degree of the company’s focus, and created an opportunity for its competitors to make moves to establish their own dominance in the digital commerce field. JD.com, Alibaba’s chief rival in China, is making moves to work more closely with Tencent, another of Alibaba’s competitors. 

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