Tencent is no longer one of the world's 10 biggest companies

Jamie McKane

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Tencent is no longer one of the world's 10 biggest companies

More bad news for Tencent Holdings Ltd.: the Chinese Internet giant has lost its spot as one of the world’s 10 biggest companies.

After shedding over $200 billion in market value this year, more than any other company worldwide, Tencent has been replaced by Exxon Mobil Corp. in the top of the rankings based on market capitalization.

[Bloomberg]
 
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