Article By:
Vivian Lewis
Tuesday, May 13, 2014 6:16 AM EDT
Alibaba note 2: Tencent for $187 mn has bought 11% of the Shenzhen-listed shares of NavInfo, a maker of mobile map aps. There are rumors it will buy the rest and block Baidu's access, just as Alibaba has blocked its dealing with larger rival AutoNavi. TCTZF shares are up 6%+ on the news.
In this article: RUS.L, BBL, COV, DB, IAG, NBL, BSAC, VALE, 002405.SZ, ALBCF, BRGYY, BVNKF, DGRLY, DNACF, GBTZF, ISCHF, TCTZF, BIDU, CSIQ, AMAP, CGEN, MNK