Tencent Holdings Limited (0700.HK) vs Meta Platforms, Inc. (META)

Tencent Holdings Limited is a Chinese technology and entertainment company with major businesses in social networking, online games, digital content, fintech, cloud services, and advertising. Its platforms include WeChat and QQ, which support messaging, payments, mini-programs, media, and business services. Tencent is also one of the world’s largest video game publishers and holds investments across technology, media, and consumer internet companies. Its performance is driven by user engagement, gaming releases, digital payments, advertising demand, and China’s internet regulatory environment.

Meta Platforms, Inc. is the world’s largest social media company, reaching nearly 4 billion monthly active users globally. Its core business, known as the Family of Apps, includes Facebook, Instagram, Messenger, and WhatsApp. Users rely on these platforms for a wide range of activities, from staying connected with friends and following public figures to operating digital businesses at no cost. Meta monetizes its ecosystem by using customer data generated across its apps to sell advertising to digital marketers. Although the company has invested significantly in Reality Labs, that segment still represents only a small portion of Meta’s total revenue.