Blog, News

WPP courts Chinese tech giants‎ Alibaba and Tencent over $2.5bn deal

Alibaba Group and Tencent‎ Holdings, the two biggest names in China’s technology industry, are in talks to buy a stake in the $2.5bn (£1.9bn) Chinese operations of WPP Group.

Sky News can exclusively reveal that Alibaba, Tencent and China Media Capital Holdings (CMC) are in early-stage discussions about …

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Read more via https://olaworld.blog– https://ift.tt/2JI9vi1

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