Market cap tencent vs alibaba

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29 Apr 2020 And Alibaba Cloud is the largest cloud services provider in China, as well as Chinese consumers aren't likely to stream less video or play fewer Tencent's market cap, at $511 billion, is slightly smaller th

Nov 20, 2017 · For traders News and features News Tencent Beats China's Alibaba To The $500bn Market Cap Club Share Article (Dow Jones) Shares of Alibaba Group rallied 2.3% in morning trade into record territory Monday, but the China-based ecommerce giant was beaten to the $500bn value mark by Hong Kong-based videogame and WeChat operator Tencent Holdings. Jun 19, 2017 · Alibaba Group Holding and its chief rival, Tencent Holdings , are now both among the 10-largest companies in the world by market capitalization. Although Alibaba's $341 billion and Tencent's $332 Market cap: $782.98 B. As of March 2021 Tencent has a market cap of $782.98 B. This makes Tencent the world's 6th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to mesure how much a Alibaba Group Holding (HKG: 9988) Latest share price: HK$271.60 (US$35) Average 12-month target price: HK$304.28 (US$39) Estimated upside: 12%. The Alibaba Hong Kong stock has rallied 3.6% in the last one week, as equity markets steadied following a four-day tech correction that saw Alibaba accumulate an 8% erasure of market cap.

Market cap tencent vs alibaba

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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. 25.01.2018 Market cap: HK$3.2 trillion Founded in 1998, Tencent is the company behind the hugely popular messaging and social media app WeChat . Apart from the social media arm of the business, Tencent also includes many other subsidiaries including: payment systems, media, entertainment, smartphones, e-commerce, advertising and artificial intelligence. 18.08.2016 16.09.2014 14.08.2014 25.12.2019 29.09.2018 In August 2017, after Tencent announced the second quarter 2016 financial report, the stock price rose by 6.2% in the Hong Kong stock market, and the market value reached US$429 billion. Tencent became the second Asian company after Alibaba Group to surpass US$400 billion market cap.

Pinduoduo exceeds JD.com on market cap, lagging behind Alibaba, Tencent and Meituan. Written by Song Jingli Published on 24 Oct 2019 • 1 min read. Share.

Market cap tencent vs alibaba

Chinese regulatory concern tends to come in waves and move from industry to industry, Goei notes. In depth view into Tencent Holdings Market Cap including historical data from 2008, charts, stats and industry comps. Tencent became the second Asian company after Alibaba Group to surpass US$400 billion market cap.

10 Nov 2020 Ant refuted the comparison with Tencent or anyone else. the Jack Ma- controlled, Alibaba-backed fintech giant said it is “not comparable” control over 90% of China's trillion-dollar electronic payments market wh

Market cap tencent vs alibaba

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. Alibaba market cap as of March 10, 2021 is $644.32B. Compare BABA With Other Stocks Aug 12, 2019 · Tencent Cloud (T) vs AliCloud (A) China’s cloud computing market has massive potential, as the cloud services market in China are expected to reach just over $100 billion in 2020. In this domestic cloud market, Alibaba’s AliCloud is the clear and undisputed leader.

Market cap tencent vs alibaba

Which Chinese tech giant has more room second in China's cloud infrastructure market after Alibaba Cloud. Alibaba's founder, Jack Ma and Tencent's founder, Tony Ma (Source: Fortune) at HK$493.4, which has pushed its market cap to around HK$4.71 trillion, surpassing Alibaba and snatching the top spot in the HKSE. SEE ALSO: Ali 11 Dec 2019 Alibaba currently has a market value of US$549 billion, while Tencent claims a share cap of US$422 billion. The two are not only considered  14 Nov 2019 In an August research note, they wrote that “over the past 20 years, their earnings and market caps are similar, and both grew at around 30%  Given Alibaba and Tencent's market power and reach, it is hard to imagine competitors beating them.

Apart from the social media arm of the business, Tencent also includes many other subsidiaries including: payment systems, media, entertainment, smartphones, e-commerce, advertising and artificial intelligence. Alibaba’s third-quarter results are due on February 1. By Thursday’s market close in Hong Kong, Tencent’s market cap stood at HK$4.35 trillion (US$556 billion), with its shares trading at HK$458. Market cap: $853.47 B. As of March 2021 Tencent has a market cap of $853.47 B . This makes Tencent the world's 6th most valuable company by market cap according to our data.

Jan 25, 2018 · Alibaba’s third-quarter results are due on February 1. By Thursday’s market close in Hong Kong, Tencent’s market cap stood at HK$4.35 trillion (US$556 billion), with its shares trading at HK$458. Aug 17, 2016 · Data compiled by spreadbettor IG showed Tencent's market capitalization was at 1.9103 trillion Hong Kong dollars, or around $246.35 billion, at 10:40 a.m. HK/SIN, compared with U.S.-listed Alibaba Mar 09, 2021 · ByteDance has recently filed an anti-monopoly suit against Tencent. Tencent’s ecosystem is much more vulnerable to anti-monopoly regulations compared to Alibaba.

See which 3 stocks are most likely to make moves following their insider activities. 15.06.2017 Pinduoduo exceeds JD.com on market cap, lagging behind Alibaba, Tencent and Meituan It still takes time for Pinduoduo to prove its value to investors as it is still unprofitable. By Song Jingli. Oct 25, 2019. 0. shares. facebook twitter linkedin whatsapp.

Both are strong stocks long term.

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Tencent became the second Asian company after Alibaba Group to surpass US$400 billion market cap. Tencent has also created an alliance to its own AI self-driving program, similar to Baidu's Apollo Project, recruiting numerous industry players in the automotive industry.

This metric is important because it gives you an idea of the size of a 07.01.2021 22.11.2017 Find the latest Alibaba Group Holding Limited (BABA) stock quote, history, news and other vital information to help you with your stock trading and investing. Market Cap: 621.316B: Beta (5Y 21.11.2017 Alibaba’s market cap is currently $688.6B and has a P/E ratio of 38.00. The company has a Price to Book ratio of 9.03.

Market cap: $615.53 B. As of March 2021 Alibaba has a market cap of $615.53 B. This makes Alibaba the world's 9th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to mesure how much a

Alibaba market cap as of March 10, 2021 is $644.32B. Compare BABA With Other Stocks At the intraday highs of their respective Hong Kong-listed shares, both Tencent and Alibaba’s market cap stood at 4.82 trillion Hong Kong dollars (approx. $621.92 billion).

That is the biggest indication that Baidu is not quite in the same league. Alibaba's share of China's cloud infrastructure market dipped from 47.3% to 46.4% between the first and fourth quarters of 2019. During the same period, Tencent Cloud's share rose from 15.4% to 18.0%. 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. Alibaba market cap as of March 10, 2021 is $644.32B. Compare BABA With Other Stocks Aug 12, 2019 · Tencent Cloud (T) vs AliCloud (A) China’s cloud computing market has massive potential, as the cloud services market in China are expected to reach just over $100 billion in 2020.