Yahoo owned (before the spin off) a much larger stake in Alibaba both on a relative and an absolute basis than Tencent in Snapchat. And Alibaba is a much larger business with a dominant position.
Baidu, Alibaba and Tencent are all largely owned by foreign investors, even though they are operated by Chinese personnel.
Baidu, Alibaba and Tencent are all largely owned by foreign investors, even though they are operated by Chinese personnel.