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Gamers, shoppers power China's tech giants into elite league
Tencent and Alibaba have made their fortunes by cornering China's vast market of 750 million Internet users
Add BT as a preferred sourcePublished Sun, Nov 26, 2017 · 09:50 PM
Beijing
POWERED by Chinese smartphone users splurging billions on mobile games and online shopping, China's tech giants Tencent and Alibaba are racing up the elite league of the world's most valuable companies.
Hong Kong-listed Tencent, famous for its games and WeChat messaging service, became the first Asian firm to break into the US$500 billion league recently - briefly overtaking Facebook as the world's fifth biggest company in terms of market value.
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