After 15 Years of development, Chinese internet is now the biggest market with over 420millions users and has massive potential as the internet penetration is still around 32%. The recent news of Chinese companies such as Dangdang, Youku being listed in NASDAQ and companies like Tudou together with many others (i herad that there were around 40 companies) are in the pipeline seems summarizing one thing, the Glory of Chinese web.
Here are the companies which started the glory:
As you can see, it’s been 15 years. However, today when we look into Chinese web to see who are dominating the market, people say there are 3 big companies, Baidu, Tencent and Taobao, together with 3 ‘small’ companies: Sohu, Sina and Netease. In other words, 15 years later since Sohu launched, the market structure of Chinese web still has no sign of change.
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