Global Media Price disconnect

Tencent Holdings

Market Cap: HK$4.0t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

AppLovin

Market Cap: US$105.6b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Reddit

Market Cap: US$34.3b

Operates a digital community in the United States and internationally.

Match Group

Market Cap: US$8.7b

Provides digital technologies in the United States and internationally.

Giant Network Group

Market Cap: CN¥51.5b

Research, develops, operates, and sells online games in China and internationally.

Kingsoft

Market Cap: HK$35.4b

Engages in the entertainment and office software and services businesses in Mainland China, Hong Kong, and internationally.

G-bits Network Technology (Xiamen)

Market Cap: CN¥28.0b

G-bits Network Technology (Xiamen) Co., Ltd.

NetEase Cloud Music

Market Cap: HK$24.7b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

XD

Market Cap: HK$20.4b

An investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally.

Hacksaw

Market Cap: SEK 24.6b

Operates as a B2B technology platform and game development company in Sweden and Czech Republic.

Havas

Market Cap: €1.8b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Weibo

Market Cap: US$1.9b

Through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People’s Republic of China.

Central China Land MediaLTD

Market Cap: CN¥12.5b

Engages in the editing, production, and marketing of publications in China.

Southern Publishing and MediaLtd

Market Cap: CN¥10.6b

Operates as a publishing company in China.

Newborn Town

Market Cap: HK$11.6b

Operates as a social networking entertainment company worldwide.

QuinStreet

Market Cap: US$1.2b

An online performance marketing company, provides customer acquisition services for its clients in the United States and internationally.

Taboola.com

Market Cap: US$1.1b

Operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally.

Corporación Interamericana de Entretenimiento. de

Market Cap: Mex$17.9b

Corporación Interamericana de Entretenimiento, S.A.B.

Marcus

Market Cap: US$925.0m

Owns and operates movie theatres, and hotels and resorts in the United States.

Storytel

Market Cap: SEK 8.4b

Engages in the audiobook and publishing market in Sweden, Denmark, the United States, Finland, the Netherlands, Poland, Iceland, and internationally.

EverQuote

Market Cap: US$860.6m

Operates an online marketplace for insurance shopping in the United States.

Yalla Group

Market Cap: US$832.0m

Operates a social networking and gaming platform in the Middle East and North Africa region.

Karnov Group

Market Cap: SEK 6.7b

Provides information and workflow solutions in Denmark, Sweden, Norway, France, Spain, and Portugal.

Time Publishing and Media

Market Cap: CN¥4.7b

Time Publishing and Media Co., Ltd. publishes various books and periodicals in China.

DoubleDown Interactive

Market Cap: US$640.2m

Develops and publishes casual games and mobile applications in South Korea, the United States, the United Kingdom, Germany, and internationally.

Studio Dragon

Market Cap: ₩709.4b

A drama studio, produces and provides drama contents worldwide.

Gravity

Market Cap: US$489.1m

Develops and publishes online and mobile games worldwide.

Soft-World International

Market Cap: NT$14.8b

Develops, operates, and distributes games in Taiwan and China.

Alter Ego Media

Market Cap: €372.0m

Operates digital television broadcasting and radio stations.

YouGov

Market Cap: UK£307.2m

Provides online market research services in the United Kingdom, the Americas, the Middle East, Mainland Europe, India, and the Asia Pacific.

note

Market Cap: JP¥49.8b

Engages in the media platform, and IP content and content creation business in Japan.

Akatsuki

Market Cap: JP¥41.2b

Engages in the entertainment, lifestyle, and solutions businesses in Japan.

Cashbox Partyworld

Market Cap: NT$7.9b

Engages in the provision of audio-visual equipment for singing in Taiwan.

Webzen

Market Cap: ₩344.2b

A game company, engages in the PC, online, and mobile gaming business worldwide.

Huuuge

Market Cap: zł898.6m

Operates as a free-to-play games developer and publisher on mobile platform in North America, Europe, the Asia Pacific, and internationally.

Cian

Market Cap: US$237.9m

Operates an online real estate classifieds platform in Russia.