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Web heavyweights set aside differences

By Gao Yuan In Wuzhen, Zhejiang | China Daily | Updated: 2015-12-18 08:59

Chinese Internet tycoons, known for years of throat-cutting fights for business, reached a rare consensus on Thursday that the heating competition in the market is largely healthy.

Tencent Holdings Ltd CEO Ma Huateng said: "The future of cyberspace will be a competitive and cooperative community of shared futures."

Ma was sitting alongside Qihoo 360 Technologies Co co-founder Zhou Hongyi, who was involved in a widely criticized battle against Tencent that asked tens of millions of Chinese netizens to choose sides.

Web heavyweights set aside differences

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