Chinese internet giant Tencent has become the world’s tenth-largest company in terms of market cap, joining a tech-heavy list currently headed by the likes of Apple and Alphabet.
The Hong Kong-listed tech company’s market cap now exceeds that of the US-based multinational bank Wells Fargo, pushing it into the ranks of the world’s 10 largest public companies. It is the only Chinese company among the otherwise US-dominated list.
Tencent provides a wealth of services through its largely China-focused apps, ranging from music streaming to payments and social messaging.
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