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Alibaba, Tencent teaming up in US$15b deal: sources

Merger may allow longtime rivals to divide China's most promising Internet businesses between them

Alibaba's Jack Ma (left) and Tencent's Pony Ma are said to be joining forces for the second time this year by combining their respective startups and

Hong Kong

JACK Ma and Pony Ma, whose business rivalry dates back more than a decade, are starting to look like the best buddies of China's Internet.

Jack, founder of Alibaba Group Holding Ltd, and Pony, founder of Tencent Holdings Ltd, are said to be joining forces for the second...

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