Analysts Believe That Alibaba Will Grow Faster Than Tencent In The Future
Even though their are all Chinese Internet giants, the prospects of Alibaba and Tencent are quite different. Bernstein analyst David Dai raised Alibaba’s target price but lowered Tencent’s target price. This year 2019, Alibaba’s share price rise by 26% . Tencent’s share price has increased by only 3%, reflecting investors’ preferences. Alibaba’s core business is e-commerce, with …
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