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Tencent surpasses Facebook in valuation a day after breaking $500B barrier
- em3rgent0rdr 9y agoGeneral trends in past year have seen Chinese comapines Temcent and Alibaba shoot up from below top 10: https://en.m.wikipedia.org/wiki/List_of_public_corporations_by_market_capitalization https://en.m.wikipedia.org/wiki/List_of_public_corporations_...
- thisisit 9y agoThe first time I heard of Tencent Holdings was earlier this year. They are holding company with business across many verticals. I heard of them because one of their businesses had copied a game for the Chinese market without giving the original developers their due. And it turned out they were quite notorious for it: https://en.wikipedia.org/wiki/Tencent#Copying_claims https://en.wikipedia.org/wiki/Tencent#Copying_claims Here's their presentation on how they protect/respect IPs: https://www.tencent.com/legal/html/en-us/property.html https://www.tencent.com/legal/html/en-us/property.html And this is just tip of the iceberg. If people think EA is bad with it's monetisation policy, wait till they try one of Tencent's games. And if someone thinks FB is bad and addictive, try reading about this company and it's grasp in China.