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Tencent becomes China’s largest tech company with a $248 billion valuation that moves it ahead of Alibaba

encent, the company behind the widely used WeChat app, reported that its revenue rose at the fastest rate in more than three years in the second quarter, boosting its valuation to $247.6 billion versus Alibaba's $238.7 billion.
6 months ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
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