Facebook's day is coming to an end. The world's largest social network, Facebook, has pushed Facebook from market value to the social networking network Tencent Holdings. As the first Asian institution, the company has exceeded the market price of $ 50,000.
Tencent is owned by App WeChat, China's popular message exchange. WeChat has around 100 million active users per month. In addition, the league of legends and honors of kings are in the hands of popular games. Besides, Tencent has Snap Incorporated and AppAccessive Transportation Services Lift. Tensent has an investment in electric car maker Tesla.
According to the Forbes list of US journalists, Tencent CEO Ma Huataeng is found to be more wealthy than Larry Page and Sergey Brin, founder of Google.
According to the magazine's report on Tuesday, Huateng's assets amounted to 4.83 billion US dollars. Which brings him to the ninth position in the world's wealthiest list. Originally the announcement to launch WeChat's money-back services in Malaysia since the announcement of next year, the company's stock price has increased.
The Asian company is located next to the Bagha Bagha company of the United States, such as Apple, Amazon, Microsoft. According to analysts, WeChat is at the root of Tencent's success. WeChat's money-making service makes the app more popular. In order to increase the number of users of WeChat, the company has announced the launch of the service in Malaysia.
WeChat is owned by Tencent, not the other way around. WeChat is just an app, Tencent is a company that created and owns WeChat.
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