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Tencent, surprisingly, is 33% owned by the South African company Naspers, as well as 7% other foreign institutional investors. Alibaba is 30% owned by the Japan
by yerich 9y ago
Tencent, surprisingly, is 33% owned by the South African company Naspers, as well as 7% other foreign institutional investors. Alibaba is 30% owned by the Japanese Softbank and 15% owned by a US holding company resultant of Yahoo's sale. [2] Baidu is 35%+ held by a hodgepodge of funds and holding companies. [3]
[1] http://www.4-traders.com/TENCENT-HOLDINGS-LTD-3045861/company/ http://www.4-traders.com/TENCENT-HOLDINGS-LTD-3045861/compan...
[2] http://www.4-traders.com/ALIBABA-GROUP-HOLDING-17916677/company/ http://www.4-traders.com/ALIBABA-GROUP-HOLDING-17916677/comp...
[3] http://investors.morningstar.com/ownership/shareholders-major.html?t=BIDU http://investors.morningstar.com/ownership/shareholders-majo...
- Chaebixi 9y agoAdding up your numbers: Tencent: 40% foreign owned Alibaba: 45% foreign owned Baidu: 35% foreign owned None of those are majority or controlling stakes. Which is hardly the... > Baidu, Alibaba and Tencent are all largely owned by foreign investors, even though they are operated by Chinese personnel. ...of the ancestor comment. China has long welcomed foreign investment while simultaneously rejecting foreign control.