Source: news.google.com
Tencent (OTCPK:TCEHY) (OTCPK:TCTZF) is the largest gaming and social media company in China. The company has been dubbed the “Facebook of China,” but it is so much more. Tencent is the number one gaming company by users and revenue in China. It has the number one mobile community with 1.39 billion monthly active users on its WeChat platform, which is like WhatsApp on steroids and a true super app.
The company also owns the number one long-form video platform, the number one music platform, the number one mobile payment platform (WeChat Pay), and is even the number two player in the cloud.
But that’s not all, Tencent has significant investments in large technology companies such as Tesla (TSLA), NIO (NIO), JD.com (JD),…
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