Instead of accepting orders on its website, JD announced in the press release that it will first take Xbox One pre-orders via WeChat and Mobile QQ, two social networking services offered by Tencent Holdings, the second-largest shareholder of JD. WeChat and Mobile QQ users can place orders for Xbox with a deposit of 499 yuan (US$81) to JD, three days before the company begins taking pre-orders from other Chinese consumers on its website and mobile app on July 31. Tencent also announced that its e-commerce properties, including marketplaces Paipai (C2C) and QQ Wanggou (B2C), will be transferred to JD. The joint venture released Xbox One in Chinese market April this year. In May 2014, Japanese giant Sony also set up a joint venture with Chinese company Shanghai Oriental Pearl Group to introduce its game console PS4 to Chinese market.