RedTech's Clendenin Interview on Tencent, ELong, Sina

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May 18 (Bloomberg) -- Michael Clendenin, managing director at research company RedTech Advisors in Shanghai, talks about Tencent Holdings Ltd.'s business strategy. Tencent, China’s biggest Internet company, bought a $84.4 million stake in ELong Inc. to expand in online travel, following Google Inc.’s purchase of ITA Software Inc. Clendenin, who also discusses Sina Corp.'s business outlook, speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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