China´s two largest Internet companies are taking their battle to the fuel retailing industry, as each partners with the two major fuel retailers. Alibaba Group Holding Ltd. has agreed with China National Petroleum Corp., the country´s biggest oil and gas producer, to develop its Internet-based services. The huge move follows rival Internet company Tecent Holdings securing in 2014 the services for China Petroleum & Cheminal Corp., the country´s biggest fuel producer and distributor. Alibaba´s new deal with CNPC seeks to push the e-commerce segment of the business, which operates a net- work of 20,000 fuel stations. The partnership includes services such as cloud computing, mobile payments and online finance. Meanwhile, Tencent has been working with CPCC in mobile payments and media marketing across its 30,000 Chinese fuel stations.
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