In this article, we will be covering the last 2 factors: Financials and Valuation, for both Alibaba and Tencent. Be sure to read part 1 and part 2 before continuing with this article.

Tencent vs Alibaba: Financials

Revenue Growth

In 2014, the revenue of Tencent was slightly more than that of Alibaba’s. However, in 2019, Alibaba’s revenue easily surpassed Tencent’s. This means that the revenue growth of Alibaba is a lot faster than Tencent’s. As such, it is easy to see that Alibaba is the clear winner in terms of revenue growth.

Operating Income Growth

Operating income[1] growth wise, both are relatively close. Tencent is growing at around 29.66% per year while Alibaba is growing at around 31.52% per year. From this, we can observe that both are growing relatively fast, but both are growing at approximately 30% per year. Hence, there is no winner regarding the company with the fastest operating income growth....