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Alibaba and Tencent Extend Their Web Battle to the Gas Station

  • China's two largest web companies tie up with state oil giants
  • Alibaba to work with CNPC; Tencent earlier teamed with Sinopec

China’s two largest Internet companies have teamed up with the country’s oil and gas giants to take their battle from the web to the fuel station.

Alibaba Group Holding Ltd. and its partners agreed to arm China’s biggest oil and gas producer China National Petroleum Corp. with its full set of Internet-based services. That follows rival Tencent Holdings Ltd. securing a stake in China’s biggest fuel producer and distributor.