Is Alibaba bigger than Tencent
For Alibaba, the company recorded revenue of RMB 841.9 billion (US$15.7 billion) in the last 12 months, a 13.7% growth from the 2020 fiscal year. Meanwhile, Tencent saw full-year 2020 revenue of RMB 482.1 billion which grew to RMB 549.6 billion in the last 12 months, a 14.0% growth.
What is Tencent market size
$402.70 Billion
Market cap: $402.70 Billion
As of May 2023 Tencent has a market cap of $402.70 Billion. This makes Tencent the world's 16th most valuable company by market cap according to our data.
Are Tencent and Alibaba competitors
Alibaba and Tencent have been competitors since China's Internet industry boomed. In 1999, Jack Ma founded Alibaba for USD 60,000 and grew it into China's foremost e-commerce platform.
What is Tencent Max market cap
As of July 2023 Tencent has a market cap of $405.56 Billion. This makes Tencent the world's 19th most valuable company by market cap according to our data.
What is the market share of Tencent
In 2020, Tencent Holdings Ltd., Chinese multinational entertainment titan, seized approximately 54 percent of the total mobile gaming market in China. Its closest rivals NetEase and 37 Interactive Entertainment accounted for over a quarter of the market combined.
Who is Alibaba’s biggest competitor
JD.com is one of Alibaba's primary domestic competitors in the ecommerce space. Alibaba also faces smaller national competitors and local upstarts across the Chinese landscape, including the Chinese ecommerce site Pinduoduo.
How much did China fine Alibaba and Tencent
The People's Bank of China said financial regulators fined Ant 7.12 billion yuan ($984 million), wrapping up more than two years of probes into the finance technology firm founded by billionaire Jack Ma. Tencent was levied a 2.99 billion yuan fine, according to statements from the central bank Friday.
What is the market cap of Tencent in 2023
Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Tencent Holding market cap as of July 20, 2023 is $406.71B.
What is Tencent’s world ranking
As of July 2023 Tencent has a market cap of $405.56 Billion. This makes Tencent the world's 19th most valuable company by market cap according to our data.
What is the rank of Tencent in the world
As of July 2023 Tencent has a market cap of $436.02 Billion. This makes Tencent the world's 13th most valuable company by market cap according to our data.
Is Tencent a Fortune 500 company
Tencent ranked 11th and is the only Chinese tech company to crack the Top 20 in profitability. The publication of this year's Fortune Global 500 ranking inspired jubilant headlines in the Chinese media—and rightly so.
Who is Alibaba’s main competitor in China
JD.com is one of Alibaba's primary domestic competitors in the ecommerce space. Alibaba also faces smaller national competitors and local upstarts across the Chinese landscape, including the Chinese ecommerce site Pinduoduo.
Who are Tencent’s competitors
Competitors and Alternatives to Tencent CloudAmazon Web Services.Microsoft Azure.Google Cloud Platform.IBM Cloud.Alibaba Cloud.Lumen Public Cloud (Legacy)
How big is Tencent in China
As of July 2023 Tencent has a market cap of $428.92 Billion. This makes Tencent the world's 15th most valuable company by market cap according to our data.
Is Tencent the biggest company in the world
It has since then emerged as the most valuable publicly traded company in China, and is the world's tenth most valuable company by market value as of February 2022.
Is Tencent one of the biggest companies in the world
Tencent on Wednesday overtook oil and gas producer Exxon Mobil to become the 10th biggest company globally, according to data compiled by Bloomberg.
Is Tencent bigger than EA
Tencent has earned more revenue from games in the first six months of 2016 than Activision Blizzard or EA has ever earned in a full year. This is according to estimates from mobile intelligence firm Newzoo in its Global Games Market Report which has ranked the leading public games companies by revenue.
Who is the largest online retailer in China
jd.com leads this market with revenues of US$132,760.7 million in 2022. Followed by chaoshi.tmall.com with sales of US$21,906.5 million and then vip.com with sales of US$16,384.8 million. Together, the top three online stores account for a market share of 63.9% of the top 100 stores in the Chinese eCommerce market.
Who are Alibaba biggest competitors in China
JD.com is one of Alibaba's primary domestic competitors in the ecommerce space. Alibaba also faces smaller national competitors and local upstarts across the Chinese landscape, including the Chinese ecommerce site Pinduoduo.
Who owns 30% of Tencent
South African media company Naspers purchased a 46.5% share of Tencent in 2001. As of 2021, it owns 30.86% through Prosus, which also owns a stake in Tencent's sister companies, such as OLX, VK, Trip.com Group, Delivery Hero, Bykea, Meesho, Stack Overflow, Udemy, Codecademy, Brainly and PayU.
What is the 2nd largest eCommerce in China
As of 2022, Alibaba remained China's leading e-commerce company, with a market value of approximately 1.5 trillion yuan. In that year, Pinduoduo surpassed JD.com as the second-largest e-commerce company.
What is China’s largest eCommerce market
eCommerce market in Greater China
Greater China is the largest market for eCommerce with a predicted revenue of US$1,281,724.8 million by 2023, placing it ahead of the United States.
Who is the biggest e retailer in China
Alibaba
As of 2022, Alibaba remained China's leading e-commerce company, with a market value of approximately 1.5 trillion yuan. In that year, Pinduoduo surpassed JD.com as the second-largest e-commerce company.
Is Tencent the biggest company in China
Tencent Loses Crown in World's Biggest Stock Wipeout. Tencent Holdings Ltd. has lost its title as China's biggest company to liquor giant Kweichow Moutai Co., the latest sign of how far regulatory risk and dimming growth prospects has set back the country's technology industry.
What is China’s largest ecommerce market
eCommerce market in Greater China
Greater China is the largest market for eCommerce with a predicted revenue of US$1,281,724.8 million by 2023, placing it ahead of the United States.
