Tencent to Chase Google

Internet is a big business, indeed. This virtual world is run by powerful company which uses massive hardware and software as its platform. Google has been awarded as the most powerful internet company around the globe. It is followed by Amazon which lays its business in ecommerce. The third is neither Yahoo nor eBay. But, the third is an internet company from China.

This company is called as Tencent with the penguin as its mascot. This company has surpassed Google for its P/E ratio with its 400 million active internet users in average. It has six times higher P/E ration than Google and its stock appreciation is two times higher than Apple. Similar to Yahoo, this internet company uses instant messaging as its foremost source of profit. Although it is also trying to develop online payment and ecommerce, it is still its IM QQ to give the biggest profit by selling accessories to increase the look of the avatar. Tencent also develops its own online games and it sells its own virtual goods through its social network, QZone. And, internet users will not find it hard to access the portal as QQ.com is such an easy address to be remembered.

Well, maybe this company will grow more and more in the future since it really has tremendous development since its first introduction of QQ in 1999.

Enter your email address:

Other News :

    search terms :

    You can leave a response, or trackback from your own site.

    Leave a Reply

    Twitter Delicious Facebook Digg Stumbleupon Favorites More
    eXTReMe Tracker
    New Blackberry phones on sale | Thanks to Business Opportunity, Highest CD Rates and Registry Software | Wordpress Blog layouts