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Leading Internet companies in China

Updated: Dec 26, 2018 govt.chinadaily.com.cn Print
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Didi

Didi Chuxing or Didi, is the world’s leading mobile transportation platform. The company offers a full range of app-based transportation options for 550 million users, including taxis, express services, premier vehicles, buses, designated driving, enterprise solutions, bike sharing, E-bike sharing, car rentals and sharing, and food delivery.

DiDi is committed to collaborating with policymakers, the taxi industry and communities to solve the world’s transportation, environmental and employment challenges with smart transportation innovations. The company is working with a growing alliance of car industry players to build out a next-generation auto-solutions and operations platform. DiDi partners with Grab, Lyft, Ola, 99, Bolt (Taxify) and Careem in a global ride-hailing network that reaches over 80 percent of the world’s population across over 1,000 cities. By continuously improving user experience and creating social value, DiDi strives to build a safe, open and sustainable mobile transportation ecosystem.

Ctrip

Trip.com provides one-stop travel booking services in 19 languages through its website and mobile app. It is a part of the Ctrip Group, a NASDAQ listed company since 2003 (NASDAQ: CTRP) and with over 30,000 employees and over 300 million members is one of the leading online travel agencies in the world.

With more than 1.2 million hotels in 200 countries and regions, it has built an extensive hotel network to give customers a fantastic choice of accommodation. Its far-reaching flight network has over 2 million individual flight routes connecting more than 5,000 cities around the globe.

Sohu

Sohu.com Limited (NASDAQ: SOHU), China's premier online brand, is indispensable to the daily life of millions of Chinese, providing a network of Web properties and community based/Web 2.0 products that offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication.

Sohu has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination www.sohu.com; the interactive search engine www.sogou.com; the developer and operator of online games www.changyou.com/en/ and the leading online video Website tv.sohu.com.

Sina

Sina is a leading online media company serving China and global Chinese communities. Its digital media network of SINA.com (portal), SINA mobile (mobile portal and mobile apps) and Weibo (social media) enables internet users to access professional media and user generated content (“UGC”) in multi-media formats from personal computers and mobile devices and share their interests with friends and acquaintances.

Vip.com

VIP.com (NYSE: VIPS) is an e-commerce platform established in 2008. Pioneering the flash sales model of “selective brand, deep discount, limited offering”, VIP.com covers wide product categories ranging from apparel, shoes & bags, cosmetics, maternal and child products and home goods to foods and more.

So far, VIP.com has collaborated with over 6,000 selected brands all around the world. In 2018, VIP.com reached annual net revenue of 84.5 billion yuan ($12.3 billion), with 437 million total annual orders and nearly 1.2 million average daily orders. Today, VIP.com records over 300 million registered members and an 85 percent repeat purchase rate.

Since its IPO on March 23, 2012 in the New York Stock Exchange (NYSE) to December 31, 2018, VIP.com realized profitability for 25 consecutive quarters. As the world’s largest online discount retailer and the third largest e-commerce platform in China, VIP.com has established a flash sales model that has become one of the three major business models in China’s e-commerce field.

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