Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From May 17, 2017

Tencent, Alibaba Set the Pace for Global Technology: Chart

None

(Bloomberg) -- China's two largest corporations have gained more than 35 percent this year to become the best performers among the world's 10 most valuable technology companies. Tencent Holdings Ltd. and Alibaba Group Holding Ltd., both of which report quarterly earnings this week, have outpaced the S&P 500 as well as industry stalwarts Facebook Inc. and Amazon.com Inc. Social media giant Tencent and e-commerce firm Alibaba are expected to report revenue growth in excess of 40 percent for the March quarter.

To contact the reporter on this story: Edwin Chan in Hong Kong at echan273@bloomberg.net.

To contact the editors responsible for this story: Robert Fenner at rfenner@bloomberg.net, Edwin Chan

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search