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> Tencent’s market cap is 10x more than Alibaba’s It's not. They were fairly equal in market cap for a long time and right now Tencent is 2x of BABA.
by crop_rotation 4y ago
> Tencent’s market cap is 10x more than Alibaba’s
It's not. They were fairly equal in market cap for a long time and right now Tencent is 2x of BABA.
- O__________O 4y agoYou’re correct, mistakenly assume Google would be showing all market caps in USD; Tencent’s was listed in HKD. ——— Company: Alibaba Market Capitalization: 246.17B USD Source: https://www.google.com/finance/quote/BABA:NYSE https://www.google.com/finance/quote/BABA:NYSE ——— Company: Tencent Market Capitalization: 461.15B USD Source: https://www.google.com/finance/quote/0700:HKG https://www.google.com/finance/quote/0700:HKG Tencent’s HKD to USD market cap https://www.google.com/search?q=3.62+trillion+hong+kong+dollar+to+usd https://www.google.com/search?q=3.62+trillion+hong+kong+doll...
- MichaelZuo 4y ago[flagged]
- comte7092 4y agoMistakes happen, and the resulting figures are easily verifiable. There’s no need to be so combative.
- MichaelZuo 4y ago> There’s no need to be so combative. Did you reply to the wrong comment? I didn't argue against their position.
- O__________O 4y agoFrom HN’s guidelines: When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3." Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith. Source: - https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- MichaelZuo 4y agoHow does this guideline relate to the discussion?