A new-age investment empire with ambitions to transform markets from India to Brazil
In our analysis today, we take a look at a company that, through a few small but extremely profitable moves, has managed to gain direct influence over more than two billion people across continents. Its single stake - of around 26% - in Tencent regularly brings it billions in dividends. Its delivery services in India and Brazil handle millions of orders a day, and its fintech division processes tens of billions of dollars in payments annually.

Although it is not a product development or consumer brand-building company, every click, payment or order on its platforms generates revenue that makes it one of the most economically influential players of the digital era. In the first half of fiscal 2025 alone, it recorded a core net profit of $3.5 billion and grew e-commerce revenue by more than 400% year-over-year.
📌 Top points of analysis:
- Holds $138 billion stake in Tencentbut reinvests the money in other technology sectors - mainly online commerce, education, fintech and delivery services.
- Th…