Tencent Holdings Ltd. (0700) - A Valuation On 21st May 2021
This sprawling tech conglomerate seems to have its tentacles in almost everything. Does their control of so much of China's social media and payment infrastructure increase their nationalisation risk?
The Story
Tencent Holdings Ltd. is a Chinese technology conglomerate. It was founded in 1998 and has grown to become one of the world’s most giant video game, social media, venture capital, fintech, and investment companies.
The company operates across four sub-segments:
Value-Added Services: Social Networks and Digital Content Services — 22% of revenues …