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3 Red Flags for Tencent's Future

TheMotleyFool

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Tencent (OTC: TCEHY) was once considered a promising play on China's booming tech sector. The tech giant owned China's largest mobile messaging platform, WeChat, and it locked in those users with integrated Mini Programs that eliminated the need for traditional apps. It's also the largest video game publisher in the world.

Tencent also owns China's third-largest cloud infrastructure platform, its leading streaming music and video platforms, and a long list of other smaller apps. Its digital payment platform, WeChat Pay, also shares a near-duopoly in that booming market with Ant Group's Alipay.

Image source: Getty Images.

Source Fool.com

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