China's Tencent is quietly surrounding US tech giants with Trojan horse investments
Publishing timestamp: 2017-12-02 20:00:00
Summary
Tencent, led by Chinese billionaire Pony Ma, has been quietly making significant investments in Western companies this year, including stakes in Tesla, Snap, Essential Products, and reportedly Spotify. These investments may not seem related to Tencent's core businesses like WeChat and video games, but they are seen as contenders against companies like Facebook, Apple, Amazon, and Google. Tencent's growing influence in the tech industry poses a silent threat to American giants, with partnerships and investments across various sectors.
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Keywords: china, technology, social media, venture capital, business news, mark zuckerberg,