FILE PHOTO: People visit Tencent's booth at the World 5G Exhibition in Beijing, China November 22, 2019. REUTERS/Jason Lee
Those firms include 70 listed companies and over 160 are valued at more than $1 billion, according a speech made by Tencent President Martin Lau at a conference last week which the company posted on its social media account on Monday. But the company, worth $490 billion and the second-biggest company in Asia by market value after arch-rival Alibaba Group Holdings, rarely gives an overview or discloses details of its investment activities.
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What is smart retail ? Where you don't invest in it ?