China's Wanda, Tencent, Baidu to set up $814 million e-commerce company
August 29, 2014 at 00:26 AM EDT
BEIJING (Reuters) - China's Dalian Wanda group and Tencent Holdings Ltd said on Friday they would set up a 5 billion yuan ($814 million) e-commerce joint venture with Baidu Inc , as the firms push into the high-growth e-commerce sector.
