Internet companies eye tie-ups with Russian peers

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Founder and CEO of Tencent Pony Ma speaks at a round-table discussion of Chinese and Russian enterprises in Wuzhen, East China's Zhejiang province, Dec 16, 2015. [Photo/Xinhua]



"Russia was one of the leading nations in terms of overseas buyers on Nov 11. Russian President Vladimir Putin has reiterated his commitment to help Russian small- and medium-sized enterprises to export goods to other countries," Ma said, adding that Alibaba hopes to work together with young people in Russia to build an online platform that can better serve businesses in the country.

While Alibaba is betting big on e-commerce, its rival Tencent Holdings Ltd is seeking extended cooperation with Russian online game developers.

Ma Huateng, chief executive officer of the Shenzhen-based Tencent, said he is looking to cooperate with Russian tech companies in digital entertainment.

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