Carrefour, Chinese tech giant Tencent form alliance

Carrefour, Chinese tech giant Tencent form alliance

Carrefour and Chinese technology giant Tencent have announced a cooperation agreement in China and a possible investment to develop online retailing and other technology.The companies said Tuesday they want to link Carrefour's global retail knowledge and the technology strengths of Tencent, which operates the popular WeChat social media platform and other online services.The companies said Tencent and Yonghui, a Chinese supermarket operator in which Tencent is buying a stake, were consider a ...