BAT Stocks
BAT Stocks![]() |
| Credit: Investopedia |
What are BAT Stocks ?
BAT is an acronym referring to Baidu Inc. (BIDU), Alibaba Group Holding Ltd. (BABA) and Tencent Holdings Ltd, three large Chinese internet stocks often likened to Alphabet's subsidiary Google, Amazon.com and Facebook Inc. The BATS are often compared to the FANGS-or variations-which comprise Facebook, Amazon, Netflix and Alphabet.
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| Credit: Coinspeaker |
Baidu
China's largest search engine. Google left China in 2010, allowing the Chinese company to grow with relatively little competition. It now controls around 72% of domestic market share. It offers an encyclopedia similar to Wikipedia, though editing permissions are more tightly controlled.
Alibaba
An e-commerce firm that operates two main online portals: Taobao, for consumer-to-consumer commerce, and a business-to-consumer counterpart, Tmall. The company has also developed a successful payments service, Alipay, which it spun off as a subsidiary of Ant Financial.
Tencent
The owner of WeChat, a messaging service with 1.2 billion users. The app supports a popular payments service as well as a number of other features, leading FastCompany to call it China's "app for everything." The company also owns successful multiplayer online games such as Clash of Clans, which boasts tens of millions of users.


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