The story appears on

Page A9

June 8, 2018

GET this page in PDF

Free for subscribers

View shopping cart

Related News

HomeBusinessIT

Tencent, Geely on track

TENCENT Holdings Ltd said it has formed a consortium with domestic automaker Zhejiang Geely Holding Group to jointly secure a minority stake in High Speed Network Technology Company, which provides Wi-Fi and technology services to high-speed rail customers across China.

Tencent and Geely Holding will jointly hold 49 percent of the company which is a wholly owned subsidiary of state-owned China Railway Corporation, according to a joint statement yesterday. But the transaction amount was not disclosed. Geely and Tencent will collaborate to set up more on-board Wi-Fi hotspots and to create a platform providing various value-added services throughout the high-speed rail network.

 

IT

 

Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

娌叕缃戝畨澶 31010602000204鍙

Email this to your friend