Date
17 October 2017

Department store chain, Tencent tie shopping knot, paper says

Beijing Wangfujing Department Store (600859.CN) is teaming up with Tencent Holdings Ltd. (00700.HK) to develop online shopping business via Tencent’s WeChat instant messaging service, the Shanghai Securities News reported Wednesday. Beijing Wangfujing said it will integrate its offerings from its brick-and-mortar shops, online shopping site and smartphone app over the next three years. The company has already rolled out an app and its Chengdu, Xining and Changsha branches have opened accounts on WeChat’s online shopping platform, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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