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China's Tencent Breaks Through $500bn Stock Market Capitalisation (bbc.com)

An anonymous reader shares a report: The value of China's biggest social network company -- Tencent Holdings -- has overtaken that of Facebook. The company owns WeChat, an enormously popular messaging app in China, and hit gaming franchises such as League of Legends and Honour of Kings.It is the first Asian firm to surpass a market value of $500bn. Its chief executive, Ma Huateng, is now worth more than the founders of Google, Larry Page and Sergey Brin, according to Forbes. The magazine valued him at $48.3bn on Tuesday, making him the world's ninth richest man according to its ranking.

77 comments

  1. We're so screwed. by Anonymous Coward · · Score: 1

    China will rule the world someday. It's inevitable. They have a much larger population than us and they're sneaky. Even with birth control, they can coast to world domination. Our only hope is if China and India get involved in a thermonuclear exchange.

    1. Re:We're so screwed. by HornWumpus · · Score: 2

      Tencent's latest earnings (I can find) are 2.7 billion.

      PE ratio of 185!

      Who is screwed? Tencent's investors are screwed!

      If that's you, take your profits and RUN.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    2. Re:We're so screwed. by Anonymous Coward · · Score: 0

      The "economic miracle" was a catchup game enabled by the needs of other countries, but cheap labor doesn't last forever and neither will the pace of China's economic growth. Will China's growth be self-sustaining by the time their labor costs make them relatively unattractive (either because of rising standard of living or decreasing cost of automation)? Possibly, but China's population is still about 40% rural and a much higher percentage is at a subsistence level. They still have a very hard road ahead of them and I think "world domination" is far from inevitable.

    3. Re:We're so screwed. by jellomizer · · Score: 1

      If only the United States was a global power open to Global Trade.

      The reason that during most of the 20th century that China was out of global influence is the fact they were Isolated China First mentality. So rest of the world grew and advanced ahead of them, then when they realized it, they were far behind and it took decades to get caught back up. Economic success is tied to number of workers and number of customers. China then (and the US now) is closed to having customers, because they want to be closed off from the world and their scary ideas they have, and trying to make a deal that may not have a good short term but an incalculable long term benefit.

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    4. Re:We're so screwed. by Joviex · · Score: 1

      Tencent's latest earnings (I can find) are 2.7 billion.

      PE ratio of 185!

      Who is screwed? Tencent's investors are screwed!

      If that's you, take your profits and RUN.

      Yeah, and? Their EPS as of Jun 2017 was 0.28. That means their PEG is around 660.

      How, exactly, is that not a huge growth indicator? lol.

    5. Re:We're so screwed. by ShanghaiBill · · Score: 1

      Tencent's latest earnings (I can find) are 2.7 billion.

      PE ratio of 185!

      Tencent is a growth stock. They are reinvesting their cashflow into expanding their market share. Investors should prefer a high PE as long as the company is growing faster than alternative investments, and Tencent certainly is.

      Have you ever grown apple trees? By the second or third year, they will start to produce blossoms, and if you leave those blossoms alone, you may even get a handful of apples. But if you are smart, you pluck off the blossoms, so the tree can put its resources into stronger roots, a bigger trunk and more branches instead. That way instead of a handful of apples today, you will get bushels of apples in the future.

    6. Re:We're so screwed. by HornWumpus · · Score: 1

      That's their earnings with 1 billion users.

      So your right, to get down to a fair PE ratio all you have to do is assume they will grow to have about 20 billion users, while maintaining the same profits! I wish them luck.

      Take your profits and RUN!

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    7. Re:We're so screwed. by HornWumpus · · Score: 1

      1 billion current users.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    8. Re: We're so screwed. by Anonymous Coward · · Score: 0

      When the Chinese govt makes social media mandatory for all citizens, they will get the growth they need.

    9. Re:We're so screwed. by ShanghaiBill · · Score: 1

      1 billion current users.

      There is no question that Tencent has plenty of eyeballs, but they are still struggling for market share in many areas that are likely be very profitable in the future. When your laolao whips out her cellphone to buy some baozi from a street vendor, does she use Wechat Wallet, or Alipay? Tencent would be foolish to surrender market share to "cash in" on a rapidly growing opportunity.

      People said the same thing about Google and Facebook, which both went for years without generating profits. Yet look at them today. Amazon has a PE of 265, which is reasonable since they are rapidly expanding into new markets, such a groceries, same day delivery, and new cloud services.

      There is a time to plant seeds, a time to grow, and a time to harvest.

    10. Re:We're so screwed. by Solandri · · Score: 1

      What matters isn't population or even GDP. It's GDP per capita - how much productivity each citizen is producing on average. This represents how much useful economic work each citizen can produce in a year. It mostly depends on their country's regulatory and living environment. Countries with better protection laws (to protect laborers) and business-friendly laws (to encourage business development) tend to have very high GDP per capita. Repressive societies tend to have very low GDP per capita. (Countries with disproportionately high natural resources like oil also tend to be high, since each citizen can accomplish more economic work with less effort acquiring and selling said resource.)

      The U.S. is currently up around $57k per year per capita. Most of Europe is around $40k-$50k per year per capita, indicating that while Europe's socialist laws create a fairer society, they come at the cost of slightly lower overall productivity. China isn't even close at $8k per year per capita. Even Japan, Taiwan, and South Korea are stuck at about $30k-$38k, probably because their rigid cultural social structure inhibits the fluid movement of workers to jobs they're better suited for and would like to do. An unhappy worker is a less productive worker.

    11. Re:We're so screwed. by HornWumpus · · Score: 1

      Commodity business that will generate commodity returns, optimistically. More likely will always remain too competitive to monetize. Where is the 20x growth in earnings going to come from?

      I don't have a penny in Amazon either. But that's a much better bet. At least their financials are somewhat audited.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    12. Re:We're so screwed. by angel'o'sphere · · Score: 1

      Those GDP per capita comparisions don't realy make sense.

      E.g. a good mobile internet connection Thailand costs you 500 Baht per month ($5)
      I assume in the USA it is around $30 - $50.

      So an mobile internet user in the US is contributing/creating $30 to its GDP per caipta while a Thai is inly contributing $5 (for a better service).

      Or take asuoer expensive hospital bill in the US, $90.000 for some simple operation that inly costs $10,000 in germany ...

      You can find hundrets of examples where you realize that GDP per capita is a meaningless metric.

      Simply double all the prices, or quatruple them, like the greek did, and you have increased you GPD, without any change in amount of provided services or produced goods.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    13. Re:We're so screwed. by Anonymous Coward · · Score: 0

      Or that their users are only just starting to have lots of disposable income, and will be spending a lot more in the future.

  2. At least we know what our post-Facebook world by xxxJonBoyxxx · · Score: 3, Interesting

    At least we know what our post-Facebook world will look like now. We can all plan to bore our grandkids with tales of "Silicon Valley" when American software mattered.

    1. Re:At least we know what our post-Facebook world by Anonymous Coward · · Score: 0

      SV gets what it deserves. When you start seeing $400 juicers make headlines. And kickstarters do a pump and dump without any ramifications. Or even tech brands like Uber get owned its only a matter of time we see the headline "Facebook gets hacked" visit http://www.somesecuritywebsite.[cn|ru] and see your ex's personal messages for the past 9 years.

    2. Re: At least we know what our post-Facebook world by Anonymous Coward · · Score: 0

      I think that towelheads are more likely to commit a terrorist act like that against Facebook. Then niiggers would have to steal the data that the towelheads downloaded, and put it up for sale. Unfortunately, this is entirely plausible.

    3. Re: At least we know what our post-Facebook world by Anonymous Coward · · Score: 0

      Anarchists' are the leetest programmers.

      You Repubbies stick to Visual Basic, Excel formulas, and homo erotic congressional play.

    4. Re: At least we know what our post-Facebook world by Anonymous Coward · · Score: 0

      Yet you bumbling fools pretend like you have no clue why you lost the election.

      The guys you elected are going to end net neutrality.

      It seems YOU bumbling fools forgot SOPA/PIPA; the American public is apathetic AF, the one thing you DON'T do is FUCK WITH THEIR INTERNETZ.

    5. Re: At least we know what our post-Facebook world by WindBourne · · Score: 1

      Wow. I'm no fan of Chinese gov, but yours and others racists and stupid postings get old, esp with lies. Trump said that he would stop China from dumping/etc and instead is not only NOT doing what promised, but now his tax reform will be better for companies that import from China. 10% to bring money offshore here, but had they kept it here, it would have been 20-35%. It is you far right fascists along with the far left extremists that are destroying the west.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    6. Re: At least we know what our post-Facebook world by Anonymous Coward · · Score: 0

      Go read a book for once in your life

    7. Re: At least we know what our post-Facebook world by iggymanz · · Score: 1

      hahaha, the Chinese are Trump's customers and business partners.

    8. Re: At least we know what our post-Facebook world by Anonymous Coward · · Score: 0

      China is, or soon will be, everyones biggest customers and business partners. Then you will have to put up with all their shit the same way everyone has put up with the US's shit for decades. Payback is going to be a bitch.

    9. Re: At least we know what our post-Facebook world by Anonymous Coward · · Score: 0

      Surprise surprise, stopping China is much harder than campaign slogans, who would have thought.
      Trump can't just 'stop dumping' without those other countries retaliating too. Stopping America dumping as well. You want China's markets to be open for US companies (sorry US consumers, you hardly rate) then US markets have to remain open too. Have a guess whose market will be bigger, US companies are already abandoning the sinking ship long ago, they have no loyalty more than you can force on them.

  3. And zero relevance outside of China by Anonymous Coward · · Score: 0, Interesting

    But thanks for telling us how much this random rich dude is worth on paper!

    1. Re: And zero relevance outside of China by Anonymous Coward · · Score: 0

      The EU should seize the assets of wealthy chinamen. That would help prevent the illegal trade practices used by the chinks against the rest of the world.

  4. Tencent is an appropriate name... by Anonymous Coward · · Score: 0, Funny

    Tencent is an appropriate name for a Chinese company. China only produces cheap crap, then sells it to the West. The only redeeming quality about China is a lack of Muslims.

    1. Re:Tencent is an appropriate name... by Anonymous Coward · · Score: 0

      The only redeeming quality about China is a lack of Muslims.

      They got plenty of Uyghurs there...

    2. Re:Tencent is an appropriate name... by Anonymous Coward · · Score: 0

      Yep like the iPhone (remember where they get built). But in all seriousness, don't look down your nose at the Huawei phones that are coming out they shit over anything else in the Android market at present. Latest tech, sturdy design and they work really well. The annoyances of course are that they are now shoving ads in them and they have a very classic Chinese design too them (if you like or dislike thats a personal thing) but they are a solid phone.

    3. Re:Tencent is an appropriate name... by Anonymous Coward · · Score: 3, Informative

      This is amusing. Because your "high quality" crap in the West is literally manufactured in China and repackaged with a nice glossy exterior in the West and resold to you for a 1000% markup.

    4. Re:Tencent is an appropriate name... by Anonymous Coward · · Score: 0

      25 million Muslims in China.

      Tencent owns WeChat, which is one of the most useful apps I've ever used. China also produces all the shit you buy.

      Go cry to your Mommy, Amerimutt.

    5. Re:Tencent is an appropriate name... by Hal_Porter · · Score: 1

      The only redeeming quality about China is a lack of Muslims.

      Uyghur, please.

      --
      echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;
  5. Re: Me rikey flied lice!! by Anonymous Coward · · Score: 0

    You chinamen aren't very bright.

  6. Chinky chinkerson by Anonymous Coward · · Score: 0

    Ooooh you have insulted my ancestors! Prepare to die whitey!!!

  7. world's ninth richest man by Anonymous Coward · · Score: 0

    only as long as the party allows it....

    1. Re: world's ninth richest man by Anonymous Coward · · Score: 0

      Same AC here. I don't like the blacks. And liberals have no right to tell me that I have to like blacks, or call me a racist. I'm definitely not racist, but the left is incredibly intolerant of my personal freedoms.

  8. Communism? by Anonymous Coward · · Score: 0

    Isn't it a bit disingenuous to claim to be a communist country at this point?

    1. Re:Communism? by Anonymous Coward · · Score: 0

      Why's that? the US claimed it wasn't a communist nation and those guys just went through two terms of Obama!

    2. Re:Communism? by Anonymous Coward · · Score: 0

      So being center-right is now called “communism”? The fuck?!!

    3. Re:Communism? by HornWumpus · · Score: 1

      It's just stupid to claim to be from such a murderous bunch.

      If they don't kill at least a few million soon, they're going to have to change party names.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    4. Re:Communism? by Anonymous Coward · · Score: 0

      Obama was not center right. He was just portrayed as such. Remember the words "Too Big To Fail". This is not socialism, this is communism.

      The very definition of a ruling class and a serving class is counter to center right. When you have the working classes riches being given to the ruling class because the ruling class "fucked up" socialism seizes to exist. Should Obama have offered stimulus to the working class, then maybe you'd be right. But no he just bent over gave what he had to the banks and told them to fix it. Just look at how the USSR fell and you see the past errors they made are simply being replayed over in the USA. Market manipulation based on false labor reports. Low interest rates. All signs of communism.

      Then look at the raise of Apple (under Obama). Apple is pretty much communism in your pocket with its one size fits all, no headphone jack for you, walled garden approach. And who subsidized a propped up Apple at the beginning? You guessed it, Obama.

      Lets keep pulling away at the more communistic behavior exhibited by Obama. Oh yes, the man who won the Nobel peace prize after starting wars that contributed to half a million deaths. Then used the media to suppress it. Just as he tried with the Clinton campaign and its failure. Communists both. Hence why they are best friends with Putin, they both pretty much speak the same language in my view.

    5. Re: Communism? by Anonymous Coward · · Score: 0

      You live in a nice, neat bubble.

    6. Re: Communism? by Anonymous Coward · · Score: 0

      A bubble where trump won :)

    7. Re: Communism? by Anonymous Coward · · Score: 0

      Indeed, but not because his opponent had anything close to socialist values (which I would personally prefer).

    8. Re: Communism? by Anonymous Coward · · Score: 0

      Yet .... Trump won.

    9. Re:Communism? by Anonymous Coward · · Score: 0

      Obama was not center right.

      Only to a right-wing nutjob maybe. Compared to the rest lf the world, he’s center right. It’s funny, too, since the Individual mandate of the ACA, one of his supposedly “communistic” laws, was built upon a Heritage Foundation plan. Yet it only became evil communism once Obama signed it into law.

      Remember the words "Too Big To Fail". This is not socialism, this is communism.

      And yet the bailouts were done by the Bush administration. Did you forget that he was the one who signed TARP into law? So how would that make Obama a communist?

    10. Re:Communism? by Anonymous Coward · · Score: 0

      Center right HAHAHAH laughable :) absolute joke. I lived in a center right country most of my life and the US is has never seen the light of day of center right. 20 years ago it was center left but its not that either anymore!

      For the US to be center right they'd need to do the following

      - Enforce anticompetitive laws and cripple these big tech brands.
      - Get the labor force participation rate on track
      - Create incentives for businesses to begin manufacturing again within the US
      - Start investing in infrastructure (this one is a big deal, only center right does this well)
      - Put a proper health care program in place where Govt subsidies are used to offset the costs (and not building fucking electric cars or funding iPhones)
      - Put a basic welfare system in place for lower income earners (not just food stamps)

      No doubt TARP was a bad thing and I am no fan of Bush. But how Obama dealt with the crisis made matters worse by issuing bailouts with the sentiment of a "trickle down effect". Give me a break! And remember the crack pot academic advice he sort from Paul Krugman (another communist) leading Obama to just break open the countries coffers and let the Fed printing machine begin on a nonstop free money campaign creating a social welfare program for the rich.

      He's not center right. Center right would have stimulated the economy from the middle class up. The Fed would have invested in bringing back manufacturing and the Govt should have helped them.

      Instead they hiked the rates to 0%. Invested in the tech area and then spread 0% lending outside American borders. Turned a blind eye when Apple exploited the market to avoid taxes instead of putting in laws to stop them and all the meantime he overthrew Libia and had a go at Syria. Center right??? And I'm the nuttjob?

  9. Slashdot must be run by the Chinese already by Anonymous Coward · · Score: 0

    Judging by how much they censor my comments.

    Hey d-bag after you get through censoring this one try searching up Tiananmen Square Massacre....

  10. What? by DontBeAMoran · · Score: 1

    hit gaming franchises such as League of Legends and Honour of Kings

    So people in China play LoLaHoK instead of LoL?

    Has Riot Games tried to sue the company that made LoLaHoK?

    --
    #DeleteFacebook
    1. Re:What? by Desler · · Score: 1

      Why would Riot Games sue its owner?

    2. Re:What? by Anonymous Coward · · Score: 0

      Are you retarded? It really is hard to tell when you come across so stupidly in your posts.

    3. Re:What? by Anonymous Coward · · Score: 0

      Not sure if you're trolling...

      Or you missed the part where Tencent owns Riot...

    4. Re:What? by DontBeAMoran · · Score: 1

      Sometimes I make stupid posts by design, sometimes it happens by mistake! It's it wonderful?

      --
      #DeleteFacebook
    5. Re:What? by DontBeAMoran · · Score: 1

      Let's go with "I missed the part where Tencent owns Riot".

      Yeah, that's what happened.

      --
      #DeleteFacebook
    6. Re:What? by Desler · · Score: 1

      You do realize there’s this thing called a “search engine“ where you could find out such facts before spouting bullshit right?

    7. Re:What? by DontBeAMoran · · Score: 1

      You do realize that China keeps copying things done in other countries, right? Including stealing company and product names?

      I just assumed the usual happened and this one time I was wrong.

      --
      #DeleteFacebook
  11. It's high time we let another country take the lea by edris90 · · Score: 1

    The USA main problem is that as a country, we are bad sports. We have a bad habit of glorification of our own views, while demonizing others, gives us the same effect as a selfish child demanding that they should get all the turns and nobody else gets any. And what has it gotten us, a steady decline of of happiness, sanity and increase in desperation The further we continue with being power checked the faster we accelerate on our race to the bottom. Won't somebody ground the USA before we run out of feet to shoot ourselves in?

  12. Re: It's high time we let another country take the by edris90 · · Score: 2

    Correction. The further the USA continue s unchecked the faster our acceleration in our social y promoted race to the bottom. The USA is a danger to itself and others. It needs to be be placed in protective custody, to give the rest of the world a chance to recover

  13. Re: It's high time we let another country take the by Anonymous Coward · · Score: 0

    If you dislike the US so much, leave. Nobody is forcing you to be in the richest country in the world. Get out if you can't handle it.

  14. Re: At least we know what our post-Facebook worl by edris90 · · Score: 1

    To be fair, the western hemisphere has shit all over everything for some couple hundred years. If anything for our species to progress, western culture will have to end. It's far to effecttive at wasting and destroying resources and efforts. If I was Darth Vader, then the USA would be my Boba Fett

  15. Re: At least we know what our post-Facebook wor by edris90 · · Score: 1

    Or to put it another, the USA is to the world as hell v and s to the human body. Subversive, effecttive, efficient, and deadly as fuck

  16. Re: At least we know what our post-Facebook wo by edris90 · · Score: 1

    Damn autocorrect. The USA is to the world as HIV is to the human body.

  17. China is watching by boudie2 · · Score: 1

    Does anyone else find it interesting that the Chinese government blocks access to google, wikipedia, linkedin, facebook and about 3000 others but yet you can visit slashdot?
    http://viewdns.info/chinesefir...

    1. Re:China is watching by Anonymous Coward · · Score: 0

      Hence why tencent is so big. It's pretty easy to become a market leader in a market where the government has its fingers firmly on the scales.

  18. Re: It's high time we let another country take the by Anonymous Coward · · Score: 0

    Awww, poor whittle Trump voter. Do you need some analgesic cream for all that butthurt?

  19. Re: At least we know what our post-Facebook worl by Anonymous Coward · · Score: 0

    Since you dislike western culture and want it to end, that makes you a racist. It's one thing to recognize issues with the way Americans do things, and that's fine, but you go way beyond that. You also conveniently single out the United States for all your grievances against the West, when, in fact, Europe has played a large role in many of the worst atrocities in recent history. Your posts actually suggest that you just despise America, so the least you could do is be intellectually honest and admit it. Otherwise, you're just another annoying troll pushing his nonsense. You haven't actually cited how the West has harmed the world, and it would be downright stupid to pretend that other cultures haven't caused plenty of problems as well.

    Japan was as imperialistic as the West, which is why they occupied Korea. A lot of Chinese culture was ruined when the Communists got power, something the West opposed. The same thing happened in other countries in Southeast Asia. The West actually learned from their mistakes after WWI and tried not to repeat them, which is why they rebuilt Japan and helped them become the power they are today. Freedom and democracy have generally raised the standard of living, and closing off from that as many Eastern nations have done, is why they've lagged behind. The Arabic world was one a leader in math and science, developing some things well ahead of the West. That progress was slowed and even halted by Islam, which has set those areas back. The West isn't perfect, but they're hardly the evil you make them out to me.

    You're a troll. Go away.

  20. Re: It's high time we let another country take the by Anonymous Coward · · Score: 0

    Nobody except you said anything about Trump in this thread. Try to keep up. You don't seem very intelligent.

    The same forces that elected Trump are present in Europe. Just look at Marine Le Pen's unprecedented success for a right winger in France. The far right isn't just gaining support in the US.

    The poster didn't deserve an intelligent response. He's been making garbage posts throughout the story, bashing the United States without providing any substance. If you have an issue with the United States (like that Americans elected Trump), that's fine, and it's a fair point. Making moronic statements like the US being HIV to the rest of the world, as he's done elsewhere in this story, contributes nothing of substance and doesn't deserve an intelligent response.

    Given the intellect shown in your post, you're probably "Noah Draper" posting anonymously. Try to contribute something intelligent next time. Your post is on par with the AC trolls littering this story.

  21. Re: At least we know what our post-Facebook worl by HornWumpus · · Score: 1

    You correctly identified him as a troll, and yet you post a wall of text?

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  22. Re: It's high time we let another country take the by Anonymous Coward · · Score: 0

    You didn’t need to say Trump. Your post did plenty to show you were a Trump cocksucker.

  23. TROLL ALERT by Anonymous Coward · · Score: 0

    The parent was posted by Noah Draper, who is a troll. Mod down Noah Draper for trolling.

  24. Noah Draper == troll by Anonymous Coward · · Score: 0

    Noah Draper is a troll. Stop his trolling by modding him down.

    Zero substance I'm his posts, triggers to get Americans to bite. Yup, troll. Mod down.

  25. Re: It's high time we let another country take the by lazarus · · Score: 1

    Protectionism is the last bastion of a society that is losing the game of globalization. When we were on top we derided those who acted the way that we do now.

    I'm not Noah Draper, and if you had any balls at all you wouldn't be posted as AC. Calling out another AC poster perfectly demonstrates the typical hypocritical bullshit that passes for discussion here now. Did 4chan close or something?

    --
    I am not interested in articles about life extension advancements.
  26. Cashless payments by jbmartin6 · · Score: 3, Interesting

    The huge value of WeChat is its widespread use as a payment app. One can pay with WeChat almost everywhere in large Chinese cities and even out into the remote areas. in Shanghai there are a lot of restaurants which only take WeChat or AliPay, and don't accept other payment methods at all. A lot of smaller vendors especially now only take WeChat/AliPay or cash, no cards. I think this is the real center of that valuation, not the chat/social media aspects.

    --
    This posting is provided 'AS IS' without warranty of any kind, implied or otherwise.
  27. WeChat only used because of protectionist policies by Anonymous Coward · · Score: 0

    I have to use WeChat to change with people visiting China.
    Program is awful, and has been for long time. Killing battery life, not running on more than one device at a time.
    Only reason it is used is because all its competition is blocked by the great firewall.

  28. Re: At least we know what our post-Facebook worl by Hal_Porter · · Score: 1

    Is he a Canadian by any chance? You can't trust those maple syrup guzzling seal clubbers!

    --
    echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;