Tencent's Bets Pay Off as Games, WeChat Drive Growth

The video discusses Tencent's impressive performance on the Hang Seng index, driven by its successful monetization of a vast user base on platforms like WeChat and QQ. Tencent's shift towards mobile gaming, particularly with the success of 'Honor of Kings', has significantly boosted its revenue. The company is also exploring global expansion, although China remains its primary market. In contrast, Alibaba dominates China's e-commerce sector and is focusing on expanding its international presence and other business areas like cloud computing.

In what ways does Alibaba's business model differ from Tencent's, particularly in terms of market dominance?

What are the expectations for Alibaba's international expansion and revenue growth in other sectors?