The top 10 Internet companies in China in 2021 are based on the analysis and professional evaluation of changes in market and parameter conditions. Big data, cloud computing, and data statistics are truly and objectively presented. These 10 Internet companies have great influence on brand and popularity.
The top 10 Internet companies in China of 2021 are:
- #1 Tencent 腾讯
- #2 Alibaba 阿里巴巴
- #3 ByteDance 字节跳动
- #4 Meituan 美团
- #5 JingDong 京东
- #6 Ant Finanicial Serivces Group 蚂蚁集团
- #7 Netease 网易
- #8 XiaoMi 小米
- #9 Pinduoduo 拼多多
- #10 DIDI 滴滴出行
Ranking of China’s Top 10 Internet Companies in 2021:
1. Tencent 腾讯
Tencent, born in Shenzhen, China in November 1998, is an Internet-based technology and cultural company. It owns a large-scale Internet integrated service provider with products such as WeChat/QQ/Tencent Games/Tencent.com/QQ Zone and other social/interactive entertainment/websites/tools and software.
The company’s mission is to “improve the quality of human life through Internet services.” Tencent adheres to the business philosophy of “everything is based on user value” and provides high-quality integrated Internet services to hundreds of millions of netizens.
Tencent’s strategic goal is to “connect everything”. The company is committed to its two core businesses: social platforms and digital content: on the one hand, through social platforms such as WeChat and QQ, it can realize the intelligent connection of people, services and equipment; Yiji’s users provide high-quality news, video, games, music, literature, animation, film and other digital content products and related services. We also actively promote the development of financial technology and provide strong support for smart transportation, smart retail, smart city and other fields through the popularization of mobile payment and other technical capabilities.
2. Alibaba 阿里巴巴
Alibaba Group operates a number of businesses, and also obtains support for operating the business ecosystem from the businesses and services of affiliated companies. Business and related companies include: Taobao, Tmall, Juhuasuan, AliExpress, Alibaba International Market, 1688, Alibaba, Alibaba Cloud, Ant Financial, Cainiao.com, etc.
On September 19, 2014, Alibaba Group was officially listed on the New York Stock Exchange, setting a record for the largest IPO in history. The stock code is “BABA” and the founder is Jack Ma. On November 26, 2019, Alibaba’s Hong Kong stocks were listed, with a total market value of over 4 trillion yuan, and it became the “new stock king” of Hong Kong stocks.
On September 1, 2019, the 2019 China Service Industry Top 500 List was released in Jinan, and Alibaba Group Holding Co., Ltd. ranked 24th. On September 6, Alibaba Group announced a US$2 billion wholly-owned acquisition of NetEase Koala, leading the investment in NetEase Cloud Music’s US$700 million financing. In October, the 2019 Forbes Global Top 100 Digital Economy ranked 10th. On October 23, the 2019 Fortune Future 50 list was announced, and Alibaba Group ranked 11th. The “Belt and Road” Top 100 Chinese Enterprises Ranked No. 5 in the list. On November 16, Hurun Research Institute released the “2019 Hurun Global Unicorn Top 100 Investment Institutions”, and Alibaba ranked seventh. In December, Alibaba Group was selected as one of the top 100 brands in the 2019 China Brand Power Ceremony.
3. ByteDance 字节跳动
Beijing ByteDance Technology Co., Ltd., established in March 2012, is one of the earliest technology companies that applied artificial intelligence to mobile Internet scenarios. It is an information technology company in Beijing, China, and its address is located at No.48, Zhichun Road, Haidian District, Beijing. The company’s vision is to build a “global creation and communication platform”. ByteDance’s global layout began in 2015. “Technology going to sea” is the core strategy of ByteDance’s global development. Its products include Toutiao, Watermelon Video, Douyin, Volcano Video, Pippi Shrimp, and Know Cars. Emperor, Wukong Q&A and so on.
ByteDance Artificial Intelligence Laboratory was established in 2016 to explore long-term and open issues in artificial intelligence-related fields and help the company realize its vision for future development. Its independently developed “Today Toutiao” client uses massive information collection, in-depth data mining and user behavior analysis to intelligently recommend personalized information for users, thus creating a brand-new news reading mode.
4. Meituan 美团
The mission of Meituan is to “help everyone eat better and live better.” As China’s leading e-commerce platform for life services, the company has apps that are well-known to consumers such as Meituan, Dianping, and Meituan Takeaway, and its services cover catering, takeaway, fresh food retail, taxi rides, shared bicycles, hotel travel, movies, leisure and entertainment, etc. More than 200 categories, business covering 2,800 counties, districts and cities across the country.
Currently, Meituan’s strategy focuses on Food+Platform, and is building a multi-level technology service platform for the life service industry from the demand side to the supply side with “eating” as the core. Meituan is working hard to build itself into a social enterprise, hoping to build a smart city through in-depth cooperation with party and government departments, universities and research institutes, mainstream media, non-profit organizations, and ecological partners.
In 2014, Meituan’s annual transaction volume exceeded 46 billion yuan, an increase of more than 180% compared to 2013, and its market share accounted for more than 60%, an increase of 7 percentage points from 53% in 2013. On January 18, 2015, Meituan CEO Wang Xing stated that Meituan had completed US$700 million in financing, and its valuation reached US$7 billion. On October 8, Dianping and Meituan announced a merger. Meituan CEO Wang Xing and Dianping CEO Zhang Tao will serve as co-CEO and co-chairman at the same time. On November 10th, Meituan CEO Wang Xing sent an internal email stating that he would no longer serve as co-chairman.
5. JingDong 京东
Jingdong, China’s self-operated e-commerce company, founder Liu Qiangdong serves as the chairman and chief executive officer of the Jingdong Group. It has JD Mall, JD Finance, Paipai, JD Smart, O2O and overseas business units. In 2013, it officially obtained the virtual operator license. In May 2014, it was officially listed on the Nasdaq Stock Exchange in the United States. In July 2015, JD.com was selected into the Nasdaq 100 Index and the Nasdaq 100 Average Weighted Index due to its high growth. In June 016, it reached an in-depth strategic cooperation with Wal-Mart, and Yihaodian was merged into JD.com.
On January 4, 2017, China UnionPay announced that its payment company under JD Finance has officially become a UnionPay acquiring member institution. On April 25, 2017, JD Group announced the formal establishment of a JD Logistics sub-group. On August 3, 2017, the 2017 “Top 100 Chinese Internet Companies” list was released, and JD.com ranked fourth. In July 2019, released the 2019 Fortune Global 500: ranked 139.
6. Ant Finanicial Serivces Group 蚂蚁集团
Ant Technology Group Co., Ltd. (abbreviated as: Ant Group) started out as Alipay, which was established in 2004. In March 2013, Alipay’s parent company announced that it would build a small and micro financial service group with it as the main body, and small and micro financial services have become the predecessor of Ant Financial. In July 2020, Ant Financial officially changed its name to Ant Group.
With the vision of “Let Credit Equal Wealth”, Ant Group is committed to creating an open ecosystem. Through the “Internet Propeller Program”, it helps financial institutions and partners to accelerate their journey to “Internet +” for small and micro businesses and individual consumers. Provide inclusive financial services. Relying on mobile internet, big data, and cloud computing as the foundation, we will implement the important practice of inclusive finance for China. It has sub-business sectors such as Alipay, Yu’ebao, Zhaocaibao, Ant Jubao, Internet Commercial Bank, Ant Huabei, and Zhima Credit.
On November 3, 2020, the Shanghai Stock Exchange issued a decision to suspend the listing of Ant Group on the Science and Technology Innovation Board of the Shanghai Stock Exchange. On the same day, Ant Group announced the suspension of listing on the Hong Kong Stock Exchange; on November 6, Ant Group initiated the refund procedure; on December 26, Ant Group established a rectification work group to fully implement the interview requirements; January 15, 2021, the central bank Vice President Chen Yulu said that the financial management department is maintaining close supervisory communication with Ant Group.
On March 1, 2021, Reuters reported that Ant Group is negotiating financing with other shareholders, seeking an additional RMB 30 billion for its consumer finance business to meet regulatory needs.
7. Netease 网易
NetEase, founded by founder and CEO Mr. Ding Lei in Guangzhou in 1997, was listed on the US NASDAQ stock exchange in 2000, and is a leading Internet technology company in China. In the development of Internet applications, services and other technologies, it has always maintained its leading position in the industry in China. In line with a strong sense of mission for the development of the Internet in China and the vision of creating a better life, NetEase uses the most advanced Internet technology to strengthen the exchange and sharing of information between people.
NetEase has launched a variety of services such as portals, online games, e-mail, online education, e-commerce, online music, and NetEase bobo. NetEase’s headquarters project in Guangzhou Tianhe Smart City is planned to be completed in January 2019, and NetEase Games headquarters will be settled. In 2016, the operating income of the game business accounted for 73.3% of NetEase’s total revenue. In 2011, NetEase Hangzhou Research Institute was opened. Netease Media and other businesses are in Beijing. NetEase launched NetEase Koala Overseas Shopping, NetEase Cloud Music and other projects in Hangzhou.
NetEase’s 2019 annual financial report shows that NetEase’s net income for 2019 was 59.24 billion yuan; based on non-US GAAP, the net profit attributable to NetEase shareholders from continuing operations was 15.66 billion yuan.
8. XiaoMi 小米
Xiaomi Technology Co., Ltd. was established on March 3, 2010. It is a global mobile Internet company focusing on the research and development of smart hardware and electronic products. It is also an innovation focusing on the construction of high-end smart phones, Internet TVs and smart home ecological chains. Type technology enterprise. Xiaomi has created a model in which mobile phone operating systems are developed using the Internet model, and enthusiasts participate in the development and improvement of the model. It was listed on the main board of the Hong Kong Stock Exchange on July 9, 2018, becoming the first listed company to adopt a WVR structure after the reform of the Hong Kong Stock Exchange’s listing system.
“Born for fever” is Xiaomi’s product concept. “Let everyone enjoy the fun of technology” is Xiaomi’s vision. Xiaomi has applied the Internet development model to develop products, uses the geek spirit to make products, and uses the Internet model to eliminate intermediate links, and strives to let everyone in the world enjoy high-quality technology products from China.
Xiaomi has built the world’s largest consumer IoT platform, connecting more than 100 million smart devices, and MIUI has 242 million monthly active users. Xiaomi has invested in nearly 400 companies, covering smart hardware, consumer goods, education, games, social networking, culture and entertainment, medical and health, automobile transportation, finance and other fields.
9. Pinduoduo 拼多多
Pinduoduo is the mainstream e-commerce application product of the domestic mobile Internet. A third-party social e-commerce platform focusing on C2M group shopping was established in September 2015. By initiating group grouping with friends, family, neighbors, etc., users can buy high-quality products at lower prices. It aims to gather the power of more people, buy better things at lower prices, and experience more benefits and fun. The social concept formed through communication and sharing has formed Pinduoduo’s unique new social e-commerce thinking.
On August 11, 2020, Pinduoduo, China’s largest agricultural product uplink platform, officially opened the second “Farm Products Festival”.
On August 19, 2020, Pinduoduo (Shanghai) Network Technology Co., Ltd. has undergone a number of industrial and commercial changes. Pinduoduo’s co-founder Sun Qin withdrew from the company’s legal representative, director and manager, and was replaced by Zhu Jianchong, Senior Vice President of Pinduoduo; At the same time, Pinduoduo founder Huang Zheng and Pinduoduo CEO Chen Lei withdrew from the company’s directors and added Zhu Jianchong as a director. In September 2020, Pinduoduo became the exclusive red envelope interactive partner of the 2021 Spring Festival Gala.
10. DIDI 滴滴出行
Didi Chuxing is a one-stop travel platform that covers taxis, private cars, Didi Express, ride-hailing, agent driving, buses, freight and other businesses. It was renamed from “Didi Taxi” on September 9, 2015. Come.
On August 19, 2019, Didi Chuxing began to launch its “open platform for online car-hailing” in Guangzhou, and connected to the third-party service provider “Ruqi Travel”; in September, the “Didi Online Car-hailing Safety Standard” was released. From November 20 of the same year, Didi has launched trial operations in 7 cities including Harbin, Taiyuan, Shijiazhuang, Changzhou, Shenyang, Beijing, and Nantong; on December 3, Didi released a new carpooling product, which will be launched in 26 cities Put together a 1% discount event.
On February 27, 2020, in order to meet the needs of users for resuming work and travel, Xiaoju Car Rental, a subsidiary of Xiaoju Car Service, has successively launched the “National Ten Thousand Vehicles Free 7-day” car rental service in several major cities across the country. Users can make free reservations through the Xiaoju Car Rental App or Didi App. On August 4th, “Suzhou High-tech Zone · 2020 Hurun Global Unicorn List” was released, and Didi Chuxing ranked third.