Tencent Fund, which was established on 20 1 1 year, was three years later than Ali Capital, but the number of projects invested far exceeded that of Ali. According to insiders of Tencent Fund, by the beginning of 20 14, Tencent Fund had invested in more than 200 projects, with an investment scale exceeding10 billion yuan, covering more than ten fields such as program software, mobile phone application software, games, online travel, finance, maps and e-commerce. Moreover, according to the latest news, Tencent has invested billions of entrepreneurial projects in Chengdu, Beijing, Wuhan, Shanghai, Hainan, South China and other bases, so put the seeds first. This is a powerful layout.

At the beginning of 20 14, Tencent Fund detonated the Internet because of two big acquisitions. One is to take a stake in Dianping, holding 20% of the shares, and the other is rumored to take a stake in JD.COM Mall. The former involves the group buying website in O2O, and the latter is the only e-commerce platform that can compete with Ali so far.