Tencent chief 'richer than Google founders'

The value of China's biggest social network company - Tencent Holdings - has overtaken that of Facebook.

Ma Huateng
The value of China's biggest social network company - Tencent Holdings - has overtaken that of Facebook.

The company owns WeChat, an enormously popular messaging app in China, and hit gaming franchises such as League of Legends and Honour of Kings.
It is the first Asian firm to surpass a market value of $500bn (£377bn).
Its chief executive, Ma Huateng, is now worth more than the founders of Google, Larry Page and Sergey Brin, according to Forbes.

The magazine valued him at $48.3bn on Tuesday, making him the world's ninth richest man according to its ranking.
Tencent's share price was lifted by the announcement that it would roll out its WeChat payment services in Malaysia next year.

The company also has a stake in Snap, the company behind Snapchat, ride-sharing app Lyft and electric-vehicle maker Tesla.
It is also expected to bring its hugely popular multiplayer game Honour of Kings to the United States.
The game - sometimes translated as King of Glory - lets players pay to upgrade their characters or costumes. Critics in China accused the game of being "addictive".
Presentational grey line

Analysis by Robin Brant, political correspondent, Shanghai
Tencent now sits alongside a handful of US companies you are much more likely to have heard of: Apple, Amazon and Microsoft.
Its golden egg is called wei shin, known in English as WeChat. The app is almost ubiquitous in China - nearly a billion people use it every month.
What started out as a messaging platform now lets you pay for shopping, order a taxi, invest, get a takeaway… the list goes on.

WeChat

Tencent is hoping to export this Chinese phenomenon abroad, and Malaysia is first in line for the payment system.
But it is proving difficult to get people outside China to embrace WeChat.
The company has long agreed to censor content in China - and abroad - in line with the demands of the Chinese government.

There are also persistent concerns about security because, unlike those on some other messaging apps, communications on WeChat are not encrypted.
Name

5 Minutes Interview With Our Young Entrepreneurs,2,Aba,1,Abia State,10,Abuja,18,Abuse,5,Accident,17,Accra,1,ACF,1,Actors,17,Actress,62,Adamawa State,4,Afghanistan,5,Africa,59,Agriculture,5,Air Force,2,Airways,5,AIT,1,Akwa-Ibom State,9,Algeria,4,Algiers,1,Amnesty International,1,Anambra State,45,Animal,6,APC,72,APGA,4,Arab,2,Argentina,4,Arizona,1,Army,10,Arsenal,18,Artist,1,Asaba,1,Asia,16,Assassination,1,Assault,5,Astronaut,1,Athletes,1,Atletico Madrid,1,Attack,2,AU,2,Australia,1,Authors,7,Automobile,6,Awards,44,Babies,2,Bangladeshi,3,Barcelona,5,Bayelsa State,11,BB Africa,1,BB Naija,46,Beauty Contest,1,Beirut,1,Benue State,30,Biafra,35,Birth,7,Birthday,24,Bitcoins,1,Boat,1,Boko Haram,19,Borno State,14,Botswana,3,Boxing,7,Boys Scout,1,Brazil,8,Britain,3,Business,87,BVN,1,Calabar,4,California,3,Cameroon,4,Campus,4,CAN,4,Canada,14,Careers,15,Carnival,1,Catalonia,3,CBN,7,CCIS,1,Celebrations,107,Celebrities,494,celebrity,1,Central Africa,1,Ceremonies,1,Chad,1,Champions League,1,Charity,1,Chelsea,7,Chicago,1,Child Abuse,10,Children,4,China,21,Christianity,109,Christmas,8,CIA,1,CID,1,Climate,1,Clubs,1,Columbia,1,Comedians,2,Comedy,2,Commonwealth,2,Congo,3,Corruption,76,Cote D’Ivoire,2,Couples,72,Crime,253,Crisis,1,Cross-River State,11,Cultism,9,Culture,1,Custom,6,Cutist,1,Cyprus,1,Dancers,1,Dapchi,1,Death,148,Dedication,1,Delta State,8,Democratic Republic Of Congo,1,Dinner,1,Discover,4,Divorce,6,Dog,1,Donald Trump,1,Dortmund,1,Drugs,2,DSS,4,Dubai,4,Eathquakes,2,Ebola,1,Ebonyi State,9,Economy,58,ECOWAS,3,Edo State,14,Education,82,EFCC,50,Egypt,15,Ekiti State,12,Election,102,Electricity,3,Empowerment,1,England,9,English,1,Entertainment,381,Entrepreneurs,1,Enugu State,14,Enyimba,1,EPL,4,Erosion,1,Ethiopia,6,Europa League,1,Europe,10,European Union,3,Events,11,Everton,1,Exam Malpractice,5,Facebook,70,Fact,1,Families,69,Fashion,26,FBI,2,FC Cologne,1,FCT,4,Festivals,6,FG,14,FIFA,4,Finance,23,Fire,11,Flight,15,Florida,2,Football,79,Football transfer,1,Foreign,376,France,10,Frankfurt,1,Fraud,10,Freedom,1,French,1,Fuel,10,Fulani,15,Gabon,1,Gadgets,5,Gambia,2,Gambling,1,Games,1,Gay,1,Gaza,4,Germany,9,Ghana,41,Girls Scout,1,Gist,1,Gombe State,3,Google,1,government,2,Governor,3,Grammy,1,Guest Post,9,Hackers,1,Haiti,1,Halloween,6,Harare,2,Harmattan,1,Headies,1,Health,72,Herat,1,Herdsmen,2,Hilarious,109,History,1,Holidays,1,Hollywood,5,Hospitals,1,House Of Assembly,3,House Of Reps,8,Houthis,1,Human Rights,6,Hungary,3,Ibadan,2,Igbo,3,Ijaw,1,Ikeja,1,Illuminati,1,Immigration,3,Imo State,54,IMSU,14,India,16,Indianapolis,1,Indonesia,2,INEC,7,Inspirational,11,Instagram,128,Internet,9,INTERPOL,1,Interview,23,Inventions,1,INYC,1,iPhone,1,IPOB,21,Iran,13,Iraq,4,Ireland,1,ISIS,6,Islam,37,Israel,21,Issues,1058,Istanbul,1,Italy,9,Itsekiri,1,JAMB,6,Japan,3,Jerusalem,4,Jews,2,Jobs,4,Jos,1,Journalist,1,Judaism,2,Kaduna State,13,Kano State,6,Kashmir,2,Kastina State,5,Kebbi State,6,Kenya,17,Kidnap,32,Kitchen,1,Kogi State,9,Kumawood,1,Kuwait,2,Kwara State,4,La Liga,2,Ladies,1,Lagoon,3,Lagos State,136,Lebanon,5,Legal,134,Lekki,1,Lesbian,3,Liberia,12,Libya,23,Lifestyle,61,Lisbon,1,Liverpool,2,Local,502,London,6,Los Angeles,2,LUTH,1,Madrid,1,Maiduguri,2,Makurdi,1,Malaria,1,Malaysia,4,Manchester City,1,Manchester United,9,Manila,1,Marriage,5,MASSOB,1,Mauritian,1,Media,10,Mediterranean Sea,3,Men,1,Mexico,3,Miami,1,Michigan,1,Microsoft,1,Middle East,22,Militant,7,Military,53,Mississippi,1,MMM,1,Model,3,Modelling,2,Morocco,3,Moscow,3,Movies,6,Murder,7,Music,188,Musician,121,NAFDAC,3,Nairobi,1,NASA,1,Nasarawa State,2,Nature,4,NBC,1,NCAA,2,NDDC,1,NDLEA,1,NECO,1,Netherlands,1,New Delhi,2,New Music,48,New York,5,News,2094,NFF,1,Niger,2,Niger Delta,4,Niger Delta Avengers,2,Niger State,8,Nigeria,890,Nigeria Security and Civil Defence Corps,6,Nigerian Army,8,NNPC,9,Nollywood,47,North America,3,North Carolina,1,North Korea,5,Northern Ireland,1,NOUN,1,NSCDC,1,NTA,1,NUC,1,NURTW,1,Nutrition,4,NYSC,8,Oakland,1,OAU,1,Ogun State,6,Ohio,3,Oil,4,Oklahoma,1,Omoku,2,Ondo State,19,Onitsha,1,Ontario,1,Opinions,21,Oscars,1,Osogbo,1,Osun State,10,Ottawa,1,Owerri,20,Oyo State,6,Pakistan,5,Palestine,11,Panama,1,Paris,2,PDP,49,Pension,1,Petroleum,12,Philippines,4,Photography,4,Photos,451,Pinterest,2,Plane Crash,1,Plateau State,8,Plateau United,1,Poland,1,Police,92,Politician,188,Politics,542,Port-Harcourt,7,Portland,1,Portugal,1,Premier League,1,Presidency,42,Prison,25,Prison Break,4,Prisoner,15,Prostitution,2,Qatar,7,Quotes,1,Racism,2,Rape,28,Real Madrid,5,Reality TV,39,Relationship,111,Religion,160,Reports,1,Rivers State,31,Robbery,13,Rohingya,1,Roma,1,Romance,7,Romania,1,Rome,3,Royal,15,RSS,1,Russia,29,Rwanda,1,Rwandan,1,Sacramento,1,Samsung,1,SARS,24,Satanism,3,Saudi Arabia,18,Scam,2,Scammers,1,Scandals,2,Science,2,Scientists,1,SDP,1,Security,7,Seminars,1,Senate,42,Senator,20,Senegal,3,Seoul,1,Sex,3,Showbiz,48,Sierra Leone,1,Slavery,12,Smuggling,4,Snakes,1,Snapchat,15,Social Media,326,Sokoto State,3,Somalia,6,SON,1,South Africa,35,South Carolina,1,South Korea,5,South Sudan,1,Space,2,Spain,7,Sponsored,11,Sports,114,Spotlight,1,Strike,1,Stroke City,1,Students,4,Suicide,19,Super Eagles,3,Swaziland,1,Sweden,1,Swiss,1,Syria,29,Taiwan,1,Taliban,1,Tanzania,5,Taraba State,2,Tax,1,Technology,1,Teens,6,Tegucigalpa,1,Tennis,1,Terrorism,41,TESS,1,Texas,2,Thailand,4,Theft,2,Togo,4,Tokyo,1,Toronto,1,Tottenham,1,Trafficking,2,Travel,3,Turkey,8,Twins,5,Twitter,121,U.S.A,188,UAE,7,UEFA,1,Uganda,6,UK,39,Ukraine,2,UN,13,UNESCO,1,UNICEF,1,UNILAG,1,United Arab Emirates,3,United States of America,3,UNJSPF,1,UNN,1,UPP,1,USA,5,Uyo,1,Vacations,1,Vactican City,2,Vatican,1,Venezuela,2,Victory,1,Video,144,Violence,2,Viral pictures & Videos,1,VISA,1,WAEC,3,Washington,1,Water,5,Weapons,1,Weather,2,Wedding,43,Weekend,2,West Africa,5,West Brom,1,WhatsApp,5,WHO,6,Wildlife,1,Women,26,World Bank,2,World Cup,2,World Richest men,1,Writers,3,Yemen,3,Yenagoa,1,Yobe State,2,Yoruba,2,Youths,1,YouTube,56,Zambia,4,Zimbabwe,37,
ltr
item
Reporter 247: Tencent chief 'richer than Google founders'
Tencent chief 'richer than Google founders'
https://ichef-1.bbci.co.uk/news/660/cpsprodpb/014E/production/_98843300_gettyimages-689243536.jpg
Reporter 247
http://www.reporter247.org/2017/11/tencent-chief-richer-than-google.html
http://www.reporter247.org/
http://www.reporter247.org/
http://www.reporter247.org/2017/11/tencent-chief-richer-than-google.html
true
5246412718434376728
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy