The value of China's biggest social network company - Tencent Holdings - has overtaken that of Facebook. Tencent now sits alongside a handful of US companies you are much more likely to have heard of: Apple, Amazon and Microsoft.
The company owns WeChat, an enormously popular messaging app in China, nearly a billion people use it every month, 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 (£377bn).
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.
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