Tencent joins Facebook, Apple, and Amazon in the $500 billion club

$500 billion club just got bigger

Chinese tech giant Tencent has had a stellar year, and on Tuesday, it became the first Asian company to be worth more than $500 billion. As we can see in this chart from Statista, the company is now more valuable than Facebook. Tencent’s stock has more than doubled this year, largely thanks to the surge in popularity of its mobile game┬áHonour of Kings.

Yahoo Finance