04-12-2013, 10:12 AM
Tencent will benefit from the recent financial reform in China, IMO. I will expect its value to increase further in the next few years if it win in the competition...
China’s Tencent brand closes in on Wal-Mart
BEIJING — Internet-services company Tencent has grown so rapidly it is now China’s most valuable listed technology brand, with a value closing in on that of global retailer Wal-Mart Stores, a report published yesterday shows.
The Tencent brand is worth about US$33.9 billion (S$42.5 billion) although it is almost unknown outside its home turf, according to an annual ranking of China’s listed companies compiled by advertising firm WPP and research agency Millward Brown.Wal-Mart was valued at US$36 billion in this year’s WPP-Millward Brown global ranking, published in May.
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http://www.todayonline.com/tech/chinas-t...s-wal-mart
China’s Tencent brand closes in on Wal-Mart
BEIJING — Internet-services company Tencent has grown so rapidly it is now China’s most valuable listed technology brand, with a value closing in on that of global retailer Wal-Mart Stores, a report published yesterday shows.
The Tencent brand is worth about US$33.9 billion (S$42.5 billion) although it is almost unknown outside its home turf, according to an annual ranking of China’s listed companies compiled by advertising firm WPP and research agency Millward Brown.Wal-Mart was valued at US$36 billion in this year’s WPP-Millward Brown global ranking, published in May.
...
http://www.todayonline.com/tech/chinas-t...s-wal-mart
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