Shulou(Shulou.com)11/24 Report--

CTOnews.com August 20 news, yesterday, the China Institute of Information and Communication released the "second quarter of 2022 Internet listed companies in China."

By the end of June 2022, the total market capitalization of China's listed Internet companies was 10.9 trillion yuan, up 10.1 percent from the previous quarter, according to the report. The total market capitalization of the top 30 listed Internet companies in the world is 5.1 trillion US dollars (about 34.63 trillion yuan).

Among them, China's market capitalization Top10 Internet enterprises are: Tencent Holdings, Alibaba, Meituan, JD.com, pinduoduo, NetEase, Baidu, Oriental Wealth, Kuaishou, JD.com Health.

CTOnews.com learned that the China Information and Communications Institute said that in the first quarter of 2022, due to changes in the economic situation, repeated epidemics and other factors, the traditional core business of Internet enterprises was weak, emerging businesses and a relatively small share of overseas revenue could not support rapid income growth, and the revenue growth of Internet enterprises continued to slow. The total revenue of China's listed Internet companies in the first quarter of 2022 was 922 billion yuan, an increase of 7.5 percent over the same period last year, down 35.5 percent from the same period last year.

Among them, Top10 listed Internet companies accounted for 84% of revenue in the first quarter of 2022, down 5% from the fourth quarter of 2021, and the revenue growth rate was 10%, which was higher than the total revenue growth rate of listed Internet companies. Among them, Meituan and JD.com have maintained a high growth rate due to the increase in real-time retail demand and stable supply chain capacity.

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