2018-06-11

Tencent, Parent of WeChat, China's Most Valuable Company? (video)

Tencent's vertical campus

Financial Times (ft.com) video above published May 30, 2018: Tencent, China's largest tech company, built its new HQ with all the features of a campus in a skyscraper. The FT's Louise Lucas asks whether skybridges and pool tables create a successful office environment

An inside look at Chinese tech giant Tencent's vertical campus

CNBC International video above published Jun 6, 2018: Tencent has quickly become Asia's largest publicly traded company. CNBC's Uptin Saiidi visited its new headquarters in China.

Most U.S.-based investors know about Alibaba (BABA) and Baidu (BIDU), often compared to Amazon (AMZN) and Alphabet (GOOG), but Tencent (TCEHY), is China's first or second most valuable company (depending on daily stock price valuations as compared to Alibaba Group (NYSE: BABA).

Tencent (domain: Tencent.com), trades as an ADR and is also available in iShares FTSE/Xinhua China 25 Index ETF (FXI), Global X Social Media Index ETF (SOCL) and Guggenheim China Technology ETF (CQQQ). Among Tencent's many different units, is the WeChat (wechat.com) messaging app, which has over one billion million monthly active users, making it one of the most used social networks in the world. WeChat has effectively become an operating system for Tencent.
In the gaming vertical, Tencent sells both PC based and smartphone games, it owns LA-based Riot Games and also has stakes in Epic and Activision. The company also owns Honour of Kings, which some press accounts describe as “The most profitable game in the world” making “$1 billion a quarter.”


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