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ÃÛÑ¿´«Ã½ Minute: On Tencent

Tencent has become the first Asian firm to enter the $500 billion club in terms of market value. The Chinese Social media and video game giant is now worth $531bn, surpassing Facebook's $519bn.

The company isn't well known outside China, but domestically it is best known for the messaging service WeChat, which is also an online payment platform.Talia Franco from ÃÛÑ¿´«Ã½ Click explains its rise to the top.

(The logo of Chinese instant messaging platform called WeChat on a mobile device, Credit: Peter Parks/AFP/Getty Images)

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