CHINA TOPIX

05/02/2024 11:00:19 am

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Ma Huateng

Tencent

Tencent Surpasses Mighty Amazon in Size

Chinese Internet giant Tencent has topped $200 billion in market capitalization for the first time, surpassing entrenched U.S. tech companies Amazon, IBM and Oracle in size.

MA

Jack Ma Named Richest Man in China by Forbes Magazine

Forbes has named Alibaba Chairman and CEO Jack Ma as the richest man in China, topping the magazine's rich list for China for the first time with an estimated net worth of $19.5 billion.

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