Better Chinese Tech Stock: Tencent vs. Alibaba
Tencent Holdings (OTC: TCEHY) and Alibaba Group Holding (NYSE: BABA) are two of the biggest tech companies in China. Tencent owns WeChat, the country's largest mobile-messaging platform and super app, and it's the world's largest video game publisher. Alibaba owns the country's largest e-commerce and cloud infrastructure platforms.
Tencent's WeChat Pay holds a near-duopoly in China's digital payments market along with AliPay, which is owned by Alibaba's fintech affiliate Ant Group. Tencent and Alibaba also each operate their own streaming-video and music platforms.
Image source: Getty Images. The Shanghai skyline.
Source Fool.com
Tencent Holdings Ltd. Aktie
42,87 €
-0,30 %
Noch kein Trend absehbar bei Tencent Holdings Ltd. mit nur einigen Einschätzungen.
Das Kursziel von 40 € für Tencent Holdings Ltd., niedriger als 42.87 €, führt zu einem negativen Potenzial von -6.69%.
