The Rise and Fall of Tencent

To start comparing quotes and simplify insurance-buying, check out Policygenius: https://Policygenius.com/wallstreetmillennial . Thanks to Policygenius for sponsoring this video! In this video we go over the rise and fall of the Chinese technology giant Tencent. At their peak in 2021 their market cap reached within striking distance of $1 trillion. Since then their stock has lost more than 70% of its value and there are questions about the company's long-term prospects given the unpredictable nature of China's regulatory environment. 0:00 - 1:50 Intro 1:51 - 3:09 Policygenius 3:10 - 4:58 QQ messaging app 4:59 - 6:48 QQ games 6:49 - 7:43 Original Tencent games 7:44 - 9:28 WeChat 9:29 - 11:20 Acquisition spree 11:21 - 13:10 Regulatory crackdown 13:11 - 14:34 Financial performance 14:35 Future outlook Sign up to our daily newsletter for free: https://wallstreetmillennial.com/newsletter Email us: Wallstreetmillennial@gmail.com Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1 All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out. #Wallstreetmillennial #tencent #china –––––––––––––––––––––––––––––– Buddha by Kontekst https://soundcloud.com/kontekstmusic Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2Pe7mBN Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs ––––––––––––––––––––––––––––––