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Better Chinese Tech Stock: Tencent vs. Alibaba


Tencent Holdings (OTC: TCEHY) and Alibaba Group Holding (NYSE: BABA) are two of the biggest tech companies in China. Tencent owns WeChat, the country's largest mobile-messaging platform and super app, and it's the world's largest video game publisher. Alibaba owns the country's largest e-commerce and cloud infrastructure platforms.

Tencent's WeChat Pay holds a near-duopoly in China's digital payments market along with AliPay, which is owned by Alibaba's fintech affiliate Ant Group. Tencent and Alibaba also each operate their own streaming-video and music platforms.

Image source: Getty Images. The Shanghai skyline.

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Source Fool.com

Tencent Holdings Ltd. Stock

€45.60
-1.150%
We can see a decrease in the price for Tencent Holdings Ltd.. Compared to yesterday it has lost -€0.530 (-1.150%).

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