FAANG vs. BATX

FAANG vs. BATX

If you watch any sort of investment related TV programming, read investment articles, or even regular News, you would have came across the terms FAANG.  This is the term used to group together the top Tech companies in the US. Facebook Amazon Apple Netflix Google.  Similarly in China the top Tech companies are called BATX . Baidu Alibab Tencent Xiaomi.

Came across this article that describes each of these companies and how they relate to the tech companies in the US.  Found the article to be fasincating.  Sharing it in the hope it provides you an introduction or exposure to possible investment opportunities outside of the US.

The Tech Giants Growing Behind China’s Great Firewall

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