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Alibaba and Tencent lost a combined $66B in market value in 24 hours after investors punished the two Chinese tech leaders for unclear AI monetizatio


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2026-03-20 13:33:08
milo
Cybersecurity Business

Bloomberg:

Alibaba and Tencent lost a combined $66B in market value in ~24 hours after investors punished the two Chinese tech leaders for unclear AI monetization plans  —  Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished …




Bloomberg:

Alibaba and Tencent lost a combined $66B in market value in ~24 hours after investors punished the two Chinese tech leaders for unclear AI monetization plans  —  Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished …



Source: TechMeme
Source Link: http://www.techmeme.com/260320/p2#a260320p2


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