Both Alibaba (BAB) and Tencent (TCEHY) are among the world’s smartest companies in 2017.
This according to a recently published MIT Technology Review’s annual listing of the 50 smartest companies. Alibaba and Tencent made the list based on their ability to innovate and execute.
#Tencent is in the 8th position, and Alibaba is 41st. Furthermore, that’s the second time the two companies have appeared on the list. In 2015 TCEHY occupied the 15th position in 2015 while BABA occupied the 4th position.
What sets these two companies apart? Both have been developing innovative technologies and effective business models to monetize them.