digital companies Chinese every day are more active globally since in addition to its 772 million internet users in China, they continue to expand and reach new markets, including Spain.
These digital giants they are not satisfied with specializing in a single sector and they have a presence in practically any: for example and Tencentthree of the largest Chinese digital companies known as “BAT” by their initials, have reached every corner and range from retail to fintech to collaborative transportation and much, much more.
Top 20: The biggest Chinese digital companies
To understand a little better which are the largest Chinese digital companies, we present the top 20 based on latest study , created by Abacus, 500 Startups and South China Morning Post.
1 . Alibaba
Many times we have told you about , the company that was founded in 1999 and whose open marketplace for buyers and sellers around the world has managed to position itself as leader among Chinese digital companies.
It is an empire that has managed to create several brands depending on the type of business they are aimed at, the best known are:
- : A subsidiary of Alibaba created in 2003, an equivalent to eBay that manages to connect consumers with each other.
- : the marketplace that focuses on the multi-product sale of original products.
- Juhuasauan: flash sales website offering deep discounts.
- : PayPal-style payment platform.
- : It is the retail branch of Alibaba retail that has practically quadrupled Amazon sales.
According to the China Internet Report 2018, Alibaba is valued at 492.4 billion dollars (around 42 billion euros).
two . Tencent
The Chinese multinational company and its subsidiaries encompass from internet providers, marketing, website portals, retail, video game development and even instant messaging.
Among its many brands, the following stand out:
- a popular instant messaging application, in the style of WhatsApp
- a payment app
- something like the Chinese Messenger and Facebook
- Epic Games
- ActivisionBlizzard
According to the report, Tencent has a valuation of $479.6 billion (close to 410,000 million euros).
https:///chinese-social-networks-qzone-sina-weibo/
3.Ant Financial
known for its online payment service Alipay, is the Chinese fintech and controls 70% of the mobile payment market in the Asian country. This company has also opted for the diversification of its services, which range from online payments to loans.
The current valuation of Ant Financial is 150,000 million dollars (almost 130 billion euros).
4. Baidu
is he chinese search engine which since 1999 offers the possibility of searching for news, images and even Mp3 files. It is the fourth most trafficked international website in the world and controls a free access platform that compiles discussion forums where its more than 300 million users share opinions.
Baidu has a current valuation of $87.8 billion (75,000 million euros).
5.Lufax
was created in September 2011 and is an international financial asset exchange company of Lujiazui (the financial district of Shanghai), that is to say
The Lufax rating is $60 billion (around 51.3 billion euros).
6. J.D.
The second giant , is only behind Alibaba in the online sales sector, with a market share of 24.7%. In addition, to send it directly to its consumers, a differential that Amazon also has, for example.
JD.com currently has a rating of $56.6 billion (around 48,000 million euros).
7. Didi Chuxing
is the largest mobile transportation service platform in the world as it has a presence in more than 400 Chinese cities, offering more than 10 million trips a day to its users, who can choose from a wide range of transportation options based on Mobile technology. So great is his power that
Now, Didi Chuxing has a valuation of 55,000 million dollars (47,000 million euros).
8.Xiaomi
is the Chinese company that is dedicated to the design, development and sale of telephones smartapps and other electronic and intelligent products for the home whose sale is
Xiaomi’s valuation is currently $47.9 billion (40,940 million euros).
9 . NetEase
NetEase is an internet service providerone of the largest in the Asian country and which also offers a virtual store, cloud hosting and email service, among others.
The valuation of is 34,300 million dollars (around 29,000 million euros).
10 . Qihoo 360
The software company known for its antivirus, web browser and mobile app store it focuses its profits on advertising on its website, and it currently has a valuation of 28.7 billion dollars (24.53 billion euros).
11.Meituan Dianping
it is the largest online seller of movie tickets and restaurant reservations in China, and has a valuation of 31,800 million dollars (27,180 million euros).
12 . Toutiao
(“headlines of the day” in Spanish) is a smart news service that has opted for an increasingly personalized user experience, with very precise recommendations from its more than 200,000 daily contents. It has a valuation of 28.6 billion dollars (about 24.4 billion euros).
13. Tencent Music Group
(TME) is a subsidiary of Tencent Holdings, the largest in China in terms of online music streaming. It currently has a valuation of 25,000 million dollars (21,370 million euros).
14 . TAL Group
The Chinese company specializes in garment manufacturing. It has a valuation of 21,600 million dollars (18,460 million euros).
fifteen . Sina Weibo
The microblogging network china, , has characteristics similar to those of Twitter, and its valuation is 20.2 billion dollars (17.20 million euros).
16 . suning
One of the private appliance retailers most important of China is that it has a current valuation of 18,500 million dollars (15,810 million euros).
17.DJI
is the technology company leader in the creation and sale of drones around the worldand has a current valuation of 15,000 million dollars (12,820 million euros).
18 . momo
is a free mobile app that combines a social network with instant messaging. It has a valuation of 9,500 million dollars (around 8,120 million euros).
19.Chinese Literature
With more than 190 million users, the company has almost 10 million books online of more than six million writers. Its valuation is 8,900 million dollars (7,607 million euros).
20.Giant Interactive Group
At the end of the list of the top 20 Chinese digital companies, we have Giant Interactive Group Inc. which is dedicated to the research, development and maintenance of online games in China. It has a valuation of 7,700 million dollars (6,581 million euros).
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