Today 14 August 2019 News – Webmains Tech | According to the Information Center of the Ministry of Industry and Information Technology, Alibaba Co. Ltd. Ranked the first of the Top 100 Chinese Internet Companies for 2019.
The report issued by the ministry contains these Top 10 Companies are :
- Alibaba (China) Co., Ltd.
- Shenzhen Tencent Computer Systems Co., Ltd.
- Baidu Company
- Jingdong Group
- Zhejiang Ant Micro Financial Services Group Co., Ltd.
- Netease Group
- Meituan Review
- Beijing Byte Beat Technology Co., Ltd.
- Sanliu Security Technology Co., Ltd.
- Sina Company.
In China, 153.87 billion yuan are the R&D investment of the top 100 Internet Companies with about 45.1% of yearly increase with R&D Intensity exceeded 10%, According to the report, Internet revenues of Internet Top 100 companies touch the 2.75 Trillion yuan.
About 8.8% represents the Chinese Digital economy.and the contribution to the Digital Economy of 14% by nearly 2 % of yearly growth.