r/baba
How come no one talks about Tcehy?
The author holds BABA and TCEHY and wonders why TCEHY is rarely discussed.
I only have two stocks (BABA and TCEHY). I don’t see anyone talk about TCEHY anywhere.
I have Tencent as well
Tencent has better moat with WeChat, no one gonna disrupt that, so it’s a safer play with steady cash flow. But Baba has better AI play potential with t head and market leader in cloud.
Tencent looks great.
I also have tcehy
Tencent have less potential unlocking of value. Baba has ant, t head, cloud domination
Tencent is like when google was $145 last year.
Tencent is not even number 1 in cloud
Only issue I see is they have trouble expanding WeChat to other countries. But in China, 100% of the population use WeChat. WeChat and Alipay are also used by everyone there daily. No one use cash anymore.
I like Tencent a lot and own it
Tencent is profitable way better than BABA. Their leaders tend to do things and keep low profile
Can you explain please?
He probably means they are both both down 20% something year to date
Baba and tencent is just domestic play of China economy rebounding.
For pure AI play, you buy US tech coz everyone and their mom (the whole world) are betting US tech dominance, and invest in the US, they aren't betting China trch will be the top AI companies for global use.
Thats exactly why I would take the opposite bet.
Because Tencent in Alibaba's competitor?