Alibaba, Tencent fight over vendor links

Battle highlights Internet finance services as next revenue growth spot

The commercial "war" between China's leading Internet duo has moved to a new battlefield, with both identifying Internet finance as the next hotspot for revenue growth.

E-commerce vendor Alibaba Group Holding Ltd has announced it would block webpage links that redirect users to other Internet platforms, marking its latest counterattack against an aggressive expansion by Tencent Holdings Ltd's WeChat into the online transaction territory.