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After all those, you forgot significant ownership in TikTok and Spotify? Two of the hugest apps; Currently #1 and #16 on iOS App Store. edit: Tencent actually
by reducesuffering 6y ago
After all those, you forgot significant ownership in TikTok and Spotify? Two of the hugest apps; Currently #1 and #16 on iOS App Store.
edit: Tencent actually ended up selling their ByteDance/TikTok stake.
- traek 6y agoTikTok is owned by ByteDance, not Tencent.
- griffoa 6y agoWell, CCP owns both, so...
- onethought 6y agoIt owns neither... but sure, politics only happen in china... Amazon never did anything political ever... except for that Wikileaks thing... and the Parler thing... but US gov definitely doesn’t own them
- reducesuffering 6y agoWhile true, Tencent could still purchase ownership in ByteDance, which is what I meant. My mistake though, it appears Tencent sold off their ByteDance stake and it was less than 2%, so not significant.[0] [0] https://www.theinformation.com/articles/tencent-xiaomi-invested-in-tiktoks-parent-bytedance https://www.theinformation.com/articles/tencent-xiaomi-inves...
- skinnymuch 6y agoThey didn’t include a lot of things like JD, Pinduoduo and dozens more investments. It seemed focused on gaming investments. SoftBank is the main backer of ByteDance as a big company. Not Tencent. ByteDance has a chance of being a proper third tech giant with Baidu having peaked long ago.