Overview
BAThasbecomethethreelargestInternetcompaniesinChina.TheInternetinChinahasdevelopedfor20years,andnowithasformedathree-prongedpattern.Thethreegiantshaveformedtheirownsystemsandstrategicplans,respectivelymasteringChina'sinformationdata,transactiondata,andrelationaldata,andthencontinuetomergewiththemasses.Anewandinnovativeenterprise.
Inthepastfiveyears,thethreegiantshaveinvestedin30listedcompaniesandhundredsofunlistedcompanies.BATisbehind80%ofthetop30companiesinthevaluationofunlistedInternetstartupsinChina.
BuildingacompleteecosysteminthefieldofmobileInternetbasedonthecompetitiveadvantagesofexistingbusinesseshasbecomethecoreofBAT'slayout,butinthisprocess,thethreegiantshavedifferentfocuses.
Baiduissupportedbysearchengines.Whenexploringnewbusinessdirections,Baidumainlyfocusesonstrategicinvestment,mostlyintheformofacquisitionsandholdings.Thisway,ontheonehand,itcanintroducetalentsandontheotherhanditcanholdnewbusinesses..Alifocusesonbuildingacompletee-commerceecologicalchain,coveringlogistics,dataservices,e-commercetransactionpayment,supplychainfinanceandotherfields.Tencentismoreadoptinganopenplatformstrategy,especiallyforrelativelyunfamiliarareas.ThegamefieldhasalwaysbeenthefocusofTencent'sinvestment.
Baidu
Baidu(Nasdaq:BIDU),theworld’slargestChinesesearchengineandlargestChinesewebsite.
Attheendof1999,RobinLi,whowasinSiliconValleyintheUnitedStates,sawthehugedevelopmentpotentialofChina'sInternetandChinesesearchengineservices.Withthedreamoftechnologytochangetheworld,heresolutelyquithishigh-payingjobinSiliconValleyandbroughtasearchengine.Withpatentedtechnology,BaiduwasfoundedinZhongguancunonJanuary1,2000.
Theword"Baidu"comesfromaphrasewrittenbyXinQiji,apoetoftheSouthernSongDynasty800yearsago:Seeinghimthousandsoftimesinthepublic.Thissentencedescribesthepoet'spersistentpursuitofideals.
BaiduhastensofthousandsofR&Dengineers,whichisthebesttechnicalteaminChinaandeventheworld.Thisteammasterstheworld’smostadvancedsearchenginetechnology,makingBaiduaChinesehigh-techcompanythatmasterstheworld’scutting-edgescienceandcoretechnologies,andalsomakingChinatheonlyfourcompaniesintheworldthatowntheUnitedStates,Russia,andSouthKorea.Oneofthecountrieswiththecoretechnologyofsearchengines.
Alibaba
AlibabaNetworkTechnologyCo.,Ltd.(abbreviation:AlibabaGroup)18peopleheadedbyJackMa,aformerEnglishteacher,werefoundedinHangzhouin1999.TheybelievethattheInternetcancreatealevelplayingfield,allowingsmallbusinessestoexpandtheirbusinessthroughinnovationandtechnology,andtobemoreadvantageouswhenparticipatingindomesticorglobalmarketcompetition.sposition.
AlibabaGroupoperatesanumberofbusinesses,andalsoobtainssupportforoperatingthebusinessecosystemfromthebusinessesandservicesofaffiliatedcompanies.Businessandrelatedcompaniesinclude:Taobao,Tmall,Juhuasuan,AliExpress,AlibabaInternationalMarket,1688,Alibaba,AlibabaCloud,AntFinancial,Cainiao.com,etc.OnSeptember19,2014,AlibabaGroupwasofficiallylistedontheNewYorkStockExchangeunderthestockcode"BABA".ThefounderandchairmanoftheboardofdirectorsisJackMa.Forthewholeyearof2015,Alibaba'stotalrevenuewasRMB94.384billionandnetprofitwasRMB68.844billion.OnApril6,2016,Alibabaofficiallyannouncedthatithasbecometheworld'slargestretailtradingplatform.
InAugust2016,AlibabaGroupranked148thinthe"2016Top500ChineseEnterprises".
Tencent
ShenzhenTencentComputerSystemCo.,Ltd.wasestablishedinNovember1998byfivefounders,MaHuateng,ZhangZhidong,XuChenye,ChenYidan,andZengLiqing.ItisoneofthelargestInternetintegratedserviceprovidersinChinaandoneoftheInternetcompanieswiththemostserviceusersinChina.
Tencent'sdiversifiedservicesinclude:socialandcommunicationservicesQQandWeChat/WeChat,socialnetworkplatformQzone,TencentGames'QQgameplatform,portalsiteTencent,TencentnewsclientandonlinevideoservicesTencentVideo,etc.
OnJune16,2004,TencentwaspubliclylistedonthemainboardoftheHongKongStockExchange(stockcode00700).ItisoneoftheconstituentstocksoftheHongKongHangSengIndex.ThechairmanandchiefexecutiveofficeroftheboardofdirectorsisMaHuateng.
In2015,Tencentachievedtotalrevenueof102.863billionyuan,ayear-on-yearincreaseof30%;theprofitattributabletoTencentequityholderswas28.806billionyuan,ayear-on-yearincreaseof21%.
OnJune22,2016,the"WorldBrandConference"hostedbytheWorldBrandLabinBeijingreleasedtheanalysisreportofthe13th"China's500MostValuableBrands"in2016.Tencentranksamongthetopthree.
Inthefirsthalfof2016,Tencent’srevenuewas67.686billionyuan(10.207billionU.S.dollars),anincreaseof48%overthesameperiodin2015.TheprofitattributabletoequityholderswasRMB19.920billion(US$3.004billion),anincreaseof40%overthesameperiodin2015.InAugust2016,TencentHoldingsCo.,Ltd.ranked140thinthe"2016Top500ChineseEnterprises".OnSeptember5,2016,Tencent’ssharepricecontinuedtoriseaftertheopeningofthemarket.Tencent’ssharepricereached209.40HongKongdollars,anditsmarketvaluehasnowreached1.982trillionHongKongdollars.Petroleumandotherold-brandGuozicompanieshavebecomethemostvaluablecompaniesinAsia.