The quickest of quick searches on Tencent of China revealed the following (this will be short):
The second biggest company in China, behind Alibaba, Tencent is valued at 350 Billion dollars US .
It's customer base is measured in hundreds of Millions of customers.
(information from today's WSJ).
It is bigger than all the Govt owned enterprises, including the Banks. (today's WSJ)
It is bigger than China Mobile (218 Billion dollars), whose name when dropped into the recent TV2 announcement, caused the TV2 sp to surge.
So who knows, the shareholders and potential shareholders of XPE might wake up to this fact by Monday morning??
A quick look at the Tencent website states their mission is:
"Provider of Internet value added services in China ".
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