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Better Buy: Alibaba vs. Tencent

TheMotleyFool

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Better Buy: Alibaba vs. TencentPhoto, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

Alibaba Group Holding (NYSE: BABA), and Tencent Holdings Ltd (SEHK: 700) are China's two largest technology companies. Both have hundreds of millions of users who use their software and services every day, immense scale, and seemingly unlimited financial resources.

Tencent dominates gaming, social media, and is a close second to Alibaba in mobile payments in China. Around 1.13 billion people use Weixin and WeChat monthly. Alibaba leads in e-commerce and has around 755 million mobile monthly active users.

Image Source: Getty Images

Source Fool.com

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