Mary Meeker: China now has nine of the world’s biggest internet companies — almost as many as the U.S.

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https://www.recode.net/2018/5/30/17385376/mary-meeker-kleiner-slides-code-conference-chinese-tech

Five years ago, China had just two of the world’s biggest public tech companies by market value while the U.S. had nine.
May 30, 2018, 2:18pm EDT

China is catching up as a hub to the world’s biggest internet companies.


Five years ago, China had just two of the world’s biggest public tech companies by market value while the U.S. had nine. Currently, China is home to nine — Alibaba, Tencent, Ant Financial, Baidu, Xiaomi, Didi Chuxing, JD.com, Meituan-Dianping and Toutiao — while the U.S. has 11.
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China’s tech company growth has caused it to be the world’s No. 1 smartphone manufacturer by shipments. It has 40 percent of the world’s smartphone shipment market share, compared with 15 percent in the U.S.