Better Buy: Tencent vs. Amazon
Tencent (OTC: TCEHY) and Amazon (NASDAQ: AMZN), two of the largest tech companies in the world, have generated massive returns for investors over the past decade. Tencent's stock surged 1,360% as it expanded its gaming ecosystem and WeChat, China's most popular messaging platform. Meanwhile, Amazon's stock rose 1,820% as it dazzled investors with the growth of its e-commerce and cloud platforms.
Image source: Getty Images.
These two stocks aren't often compared to each other. Tencent generates most of its revenue in China, where Amazon only has a limited presence. However, they have overlapping interests in China's cloud market, and both consider Alibaba (NYSE: BABA) to be a top rival.
Source Fool.com