“
Tencent’s investment into JD was a strategy shift, a breakthrough moment,’ said Zhang Lei, Hillhouse Capital Chairman and Tencent investor. ‘Before, it wanted to do everything on its own. After that, it only focused on what it did best and entrusted other sectors to partners.
”
”
Lulu Yilun Chen (Influence Empire: The Story of Tencent and China's Tech Ambition)