Alibaba Will Launch A Mobile Gaming Platform To Compete With Tencent

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http://techcrunch.com – It’s been a busy week for Alibaba Group. The Chinese Internet giant just debuted Weibo Payment, a new payment platform developed for microblogging platform Sina Weibo, and today the company took another significant step for its mobile ecosystem by announcing plans to launch a mobile gaming platform. Like Weibo Payment, Alibaba’s mobile gaming platform will compete directly with products from Tencent. Though Alibaba is already best known for dominating China’s large and rapidly growing e-commerce market, the company has taken several steps over the last year to create an ecosy (IT news)