Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
World
Shanthi Rexaline

Rare Collaboration: Fleet Management Companies Backed By Tencent, Alibaba Agree To Merge

Tencent Holdings Limited (OTC:TCEHY) and Alibaba Group Holding Limited (NYSE:BABA) are rivals in several business areas. Although the Chinese tech behemoths are now set to be collaborators, at least in the loose sense of the term.

What Happened: G7 Connect, a Chinese truck fleet management company having the backing of Tencent, is lapping up E6, a smaller rival, the South China Morning Post reported.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.