Chinese site's rally ousts Facebook from global top five

Updated November 22 2017 - 9:53am, first published 9:44am

Tencent Holdings has racked up some impressive gains this week - becoming the first Chinese firm to be worth more than $US500 billion ($628 billion) and surpassing Facebook to be the world's fifth-most valuable company.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Wodonga news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.