The World's Most Valuable Social Media Company No more Facebook!

in #facebook7 years ago


Tencent, who owns the Chinese social networking application Wechat, has become the world's most valuable social media company, crossing Facebook as a market value.
Wechat's proprietary Tencent, a social messaging and mobile payment application, has surpassed Facebook by raising its market capitalization by $ 523 billion, with the market value of the Hong Kong Stock Exchange rising by 2.38% a day.

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