iResearch recently published a report on the China Top 20 internet companies by users scale for 1st half of 2012.

No surprise that Tencent is still the No.1. Thanks to its PC softwares (IE, Office and MSN), Microsoft takes the No.2. Believe or not, 360 is now the 2nd biggest Chinese internet company by user scale, ahead of Sohu, Baidu, Sina and Alibaba.

For people who think China web is no more entertainment-centric and online video market is in a mess, the reality is that out of 20 there are 8 companies (Xunlei, Youku, iFeng, PPlive, Tudou, iQiyi, LeTV, PPStream) whose major products are online video.

 

[source: ChinaInternetWatch]