CHINA TOPIX

04/19/2024 10:26:25 am

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Tencent Holdings Ltd. Chairman And CEO Ma Huateng Holds News Conference

China’s Technology Giant Tencent is World’s 10th Biggest Firm

China's technology and gaming giant, Tencent, has been proclaimed as the world's 10th biggest company, surpassing America's financial magnate, Wells Fargo. In 2016, Tencent's stocks rose by to up to 43 percent higher than the previous year, and ultimately yielded a market value of more than $279 billion.

Tencent Birthday Bonanza.

Tencent Gives $220M Worth Shares to Employees on Birthday Anniversary

China's tech giant Tencent managed to steal some thunder out of Alibaba's annual Singles' Day sales on Friday by announcing a gift of $220 million worth shares for its nearly 31,500 employees. The special generosity on employees was shown to commemorate the 18th birth anniversary of the company.

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