Both are Chinese companies.
1. Tencent: Shenzhen Tencent Computer Systems Co., Ltd. was founded in November 1998 by five founders: Ma Huateng, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing. It is one of the largest integrated Internet service providers in China and one of the Internet companies with the largest number of service users in China.
Tencent’s diversified services include social and communication services QQ and WeChat/WeChat, social network platform QQ Space, Tencent Games’ QQ game platform, portal Tencent.com, Tencent news client and online video service Tencent Video etc. In 2004, Tencent was publicly listed on the main board of the Hong Kong Stock Exchange (stock code 00700). The chairman and CEO of the company is Ma Huateng.
2. Alibaba: Alibaba Network Technology Co., Ltd. (referred to as: Alibaba Group or Alibaba) is a company founded in 1999 in Hangzhou, Zhejiang by 18 people headed by Jack Ma, a former English teacher.
Alibaba Group operates a variety of businesses, and also obtains support for operating a business ecosystem from the businesses and services of affiliated companies. The businesses and affiliated companies include: Taobao, Tmall, Juhuasuan, AliExpress, Alibaba International Trading Market, 1688, Alimama, Alibaba Cloud, Ant Financial, Cainiao Network, etc.
On September 19, 2014, Alibaba Group was officially listed on the New York Stock Exchange with the stock code "BABA". The founder and chairman of the board of directors is Jack Ma.
Extended information:
Tencent is currently one of China's leading Internet value-added service providers. Since its establishment more than 10 years ago, Tencent has been adhering to the business philosophy of "all based on user value", providing stable and high-quality services to hundreds of millions of users, and has always been in a state of steady development.
It is Tencent’s mission to improve the quality of human life through Internet services. Tencent regards "connecting everything" as its strategic goal and provides two core services: social platform and digital content. Through instant messaging tool QQ, mobile social and communication service WeChat, portal Tencent.com, Tencent Games, and other leading online platforms in China.
Meet the communication, information, entertainment and financial needs of Internet users. Tencent's development has profoundly affected and changed the communication methods and living habits of hundreds of millions of Internet users, and has created broader application prospects for China's Internet industry.
Facing the future, insisting on independent innovation and establishing a national brand are Tencent’s long-term development plans. More than 50 of Tencent's employees are R&D personnel, and it has a complete independent R&D system. It has a considerable number of patents in six major directions: storage technology, data mining, multimedia, Chinese processing, distributed networks, and wireless technology. It has the highest number of patents among global Internet companies. The total number of applications and authorizations ranks among the top.
Becoming the most respected Internet company is Tencent’s long-term goal. Tencent has been actively participating in public welfare undertakings, striving to assume corporate social responsibilities and promote online civilization. In 2006, Tencent established the Tencent Charity Foundation, China's first Internet charity foundation, and established the Tencent Charity Network.
Adhering to the purpose of "committing to public welfare and charity, caring for the growth of young people, advocating corporate citizenship responsibilities, and promoting social harmony and progress", every product and business of Tencent embraces public welfare, opens up the Internet, and advocates that all enterprises Act together and use the technology and communication advantages in the Internet field to create a new Internet public welfare ecosystem in which "everyone can do public welfare and the public participates".
Baidu Encyclopedia-Tencent
Baidu Encyclopedia-Alibaba Group