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July 19, 2012

China's Tencent sees market cap hit $66b, passes Facebook

Tech In Asia :: Mark your calendars: China’s social media giant has surpassed America’s leader in terms of the total value of their shares. Yes, Tencent’s market cap is greater than Facebook’s right now, with Tencent’s market capitalization currently at HK$419.84 billion – that’s US$66.6 billion – compared to Facebook’s $62.24 billion.

A report by Steven Millward, www.techinasia.com

July 19, 2012 at 11:04 AM |

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