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  1. Tencent, Alibaba among world’s most valued firms

    by , 11-28-2017 at 10:15 AM
    POWERED by Chinese smartphone users splurging billions on mobile games and online shopping, tech giants Tencent and Alibaba are racing up the elite league of the world’s most valuable companies.

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    Hong Kong-listed Tencent, famous for its games and WeChat messaging service, became the first Asian firm to break into the US$500 billion league last week — briefly overtaking Facebook as the world’s fifth biggest company by market value.
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