bullish

Tencent

Tencent (700.HK): Valuing Wechat Channels

We value Wechat Channels at $29 billion, roughly 6% of Tencent's market cap. The social graph underpinning the product is a double-edge sword - saving traffic costs while limiting its potential.

Equity Bottom-Up
330 Views, 24 Jan 2023 11:36
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Eric Chen
Greater China Equity Long/Short Analyst
Information Technology & Consumer DiscretionaryEquity Bottom-UpThematic (Sector/Industry)
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