Biden Unveils China Tariffs, Alibaba & Tencent Earnings
Bloomberg Daybreak: Asia Edition
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Comparative Analysis of Tencent and Alibaba's Earnings Reports
The chapter compares the recent earnings reports of Tencent and Alibaba, noting Tencent's surpassing of expectations while Alibaba faces challenges from increased competition. It discusses the companies' strategies related to AI implementation, short video content, stock buybacks, and growth paths, emphasizing disparities in revenue, market cap, and market positions.
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