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Tencent VS Alibaba: Which one will you choose?
By The Grey Rhino  •  September 28, 2020
Tencent and Alibaba are 2 well known companies that were started in China. They have both risen to become trillion-dollar companies in a span of a few decades and are currently leaders in the E-commerce and Social media arenas. However, which one is the more profitable company to invest in? Read on for a short introduction to Tencent and Alibaba as well as a comparison of their Businesses. We will be comparing other factors in part 2 of our Tencent vs Alibaba commentary, so do stay tune! Tencent

An introduction to Tencent

Tencent is the largest social media and entertainment company in China. Its market capitalisation[1] is slightly below 1 trillion SGD. Founded in 1998 by Pony Ma and 4 of his classmates, it was finally listed in June 2004. When it was first listed, each stock was worth HK$0.81. However, today it is HK$550; showing enormous growth of 700 times in a space of 16 years....
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By The Grey Rhino
How often have you seen family and friends suffering from financial desperation because they fail to see the threats that are blindingly obvious to you? The Grey Rhino seeks to be your friend to help you uncover the threats to your financial well-being so you can hop over potholes on your journey to financial success.
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