Tencent Holdings is a holding company based in Shenzhen , China . Its subsidiaries are providers to media , entertainment , smartphones and payment systems . The company is divided into three main segments including : Value Added Services ( VAS ), which includes online and mobile games and apps ; Online Advertising Agency , which places display and performance based advertisements ; and Others , which includes its payrelated and cloud services . A popular application in China is Tencent ’ s WeChat , which is particularly successful since potential rival Facebook Messenger is unavailable in the country . With a market value standing at $ 277.1bn , the company currently employs 39,260 people and made a profit last year of $ 6.2bn . Its most recent revenue was $ 28.63bn .

Incorporated in 2004 , Facebook Inc currently holds assets of $ 65bn . The company is based in California and employs 20,660 people . Currently , Facebook ’ s revenue stands at $ 33.17bn , and in addition to the enormous social media platform Facebook , the company also owns Instagram , WhatsApp and Oculus . Facebook focuses on products that enable people to share and connect via computer and mobile devices . It has a market value of $ 407.3bn , and some of Facebook ’ s recent acquisitions relate to AI such as US company Oslo , and Virtual Reality as carried out by Irish company InfiniLED .

30 November 2017