(Yicai Global) Dec. 18 -- Chinese tech giant Tencent Holdings plans to further increase its stake in e-commerce operator Vipshop Holdings, Beijing Business Today cited an unnamed source at the supposed target as saying today.

The Shenzhen-based firm, Vipshop's second-largest shareholder, already bought more than 6.7 million American depositary receipts between Nov. 25 and Dec. 13, Vipshop said in a recent filing to the US Securities and Exchange Commission. That gave it a 9.6 percent stake in the company.

The report did not provide further details.