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Alibaba signed venture with Ant
Financial
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Alibaba has intensified its battle with rival
Tencent by signing a near-$1bn joint venture with its online finance affiliate
Ant Financial, in an effort to grab a bigger share of the “online-to-offline”
market.
阿里巴巴与蚂蚁金服达成合资协议
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阿里巴巴(Alibaba)加大了与对手腾讯(Tencent)竞争的力度，与旗下在线金融企业蚂蚁金服(Ant
Financial)达成近10亿美元的合资协议，以求抢占“在线对离线”(O2O)市场的更大份额。
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