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Better Buy: Tencent vs. JD.com

TheMotleyFool

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Tencent (OTC: TCEHY) and JD.com (NASDAQ: JD) were both standout performers in the crowded Chinese tech sector this year.

Tencent's stock rallied nearly 70% as it impressed investors with the robust growth of its advertising, social networking, gaming, and fintech businesses. JD's stock soared 160% as its e-commerce revenues surged.

Tencent and JD are already joined at the hip. Tencent owns a 17.1% stake in JD, and JD operates online stores within Tencent's WeChat. Both companies consider Alibaba (NYSE: BABA) to be a mutual adversary.

Source Fool.com

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