An Interest In:
Web News this Week
- April 21, 2024
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
Some of Our Sources
- Mashable
- Web Designer Wall
- Joshua Blankenship
- Spoon Graphics
- Six Revisions
- TutsPlus - Design
- Fudge Graphics
- Line 25
- Spyre Studios
- Design Modo
Help Webnuz
Referal links:
September 6, 2016 02:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/E9QhbTafpUc/tencent-is-now-the-most-valuable-company-in-asia
Tencent Is Now the Most Valuable Company in Asia
Chinese web firm Tencent, which has stake in apps such as messaging clients WeChat and India's Hike messenger, has become the most valuable company in Asia. The company has been racing neck-and-neck with Samsung and China Mobile in the recent times but thanks to some strategic moves and aggressive expansion, and also some bad moves by its rivals, there's no one bigger than Tencent in Asia anymore. Fortune reports:Samsung has flagged over the last few days, however, after it had to issue a recall for its flagship Note 7 handset because of reports about battery fires. But stock in Tencent has continued to surge, rising 3.8% in Hong Kong on Monday. That took it to a valuation of HK$1.976 trillion ($255 billion). That jump takes Tencent narrowly past the market cap of China Mobile, and into the same premier league of public corporations as U.S. tech giants Apple, Alphabet, Microsoft, Amazon and Facebook. The Chinese e-commerce group Alibaba is not far behind, with a current valuation of around $250 billion.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/E9QhbTafpUc/tencent-is-now-the-most-valuable-company-in-asia
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot