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Alibaba and Tencent: Disrupting China, Dozens of Industries at a Time

Aug 22, 2018 | 09:00 GMT
Tencent founder and CEO Huateng

Tencent founder and CEO Huateng "Pony" Ma (L) and Alibaba co-founder and executive chairman Jack Ma have more than just a name in common: The two entrepreneurs are archrivals in China's increasingly competitive tech sector, and both have steadily expanded their companies' products and services to maintain an edge.

(LINTAO ZHANG/Getty Images)

Alibaba and Tencent are archrivals in China's burgeoning tech sector. Having carved up the consumer internet sector -- including social media, e-commerce, streaming media and mobile payments -- the two tech juggernauts are increasingly expanding beyond their core operations. And in every vertical they enter they wind up in fierce...

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