Top 100 Internet Companies in China by Revenue in 2016

Source:iResearch November 13,20179:55 PM

Ranking Comapany Name Industry Revenue in 2016 (bn Yuan)
1 JD New Retailing 260.20
2 Tencent Entertainment 151.94
3 Alibaba New Retailing 143.88
4 Baidu Search Engine 70.55
5 Vip.com New Retailing 56.59
6 Suning.com New Retailing 52.88
7 Antfinance New Finance 40.00
8 Mi.com New Retailing 39.85
9 NetEase Entertainment 38.18
10 Ctrip Online Travel 19.79
11 Meituan Lifestlye Services 19.50
12 Gome.com.cn New Retailing 18.21
13 Lufax.com New Finance 13.50
14 Vmall.com New Retailing 11.93
15 Dangdang New Retailing 11.70
16 Sohu Entertainment 11.45
17 iQiYi Entertainment 11.28
18 Tuniu Online Travel 10.55
19 Qihoo 360 Search Engine 9.90
20 Cainiao New Retailing 9.35
21 Global Top New Retailing 8.54
22 ijinshan.com Entertainment 8.28
23 YY Inc Entertainment 8.20
24 Yinlong Transportation 7.90
25 58.com Lifestlye Services 7.59
26 lvmama.com Online Travel 7.25
27 Sina Entertainment 7.15
28 Zuche.com Transportation 6.45
29 Fang.com Real Estate 6.35
30 Jumei.com New Retailing 6.28
31 Perfect World Entertainment 6.16
32 Toutiao.com Entertainment 6.00
33 Autohome Vertical Media 5.96
34 UCAR Transportation 5.85
35 Yiche.com Vertical Media 5.77
36 JD Finance New Finance 5.50
37 37 Interactive Entertainment Entertainment 5.25
38 Elex Entertainment 4.74
39 Cheetah Mobile Utility Tools 4.57
40 Weibo SNS 4.55
41 Sogou Search Engine 4.42
42 Inke Entertainment 4.34
43 Homekoo.com New Retailing 4.03
44 Leju Real Estate 3.89
45 Shandagames Entertainment 3.86
46 Momo SNS 3.84
47 Changyou Entertainment 3.65
48 Baozun.cn New Retailing 3.39
49 Zhong'an New Finance 3.37
50 iFlyTec AI and Big Data 3.32
51 Yirendao New Finance 3.28
52 Yiguo.com New Retailing 3.00
53 NetDragon Entertainment 2.79
54 Kingnet Entertainment 2.72
55 Lakala New Finance 2.60
56 Secoo New Retailing 2.59
57 China Literature Entertainment 2.56
58 Youzu Entertainment 2.53
59 Jia.com Lifestlye Services 2.50
60 youkeshu.com New Finance 2.49
61 UFS New Finance 2.45
61 WeBank New Finance 2.45
63 Kunlun Entertainment 2.43
64 51job Online Recruitment 2.37
65 Eastmoney.com New Finance 2.35
66 Giant Network Entertainment 2.32
67 IGG Entertainment 2.23
68 Aukey New Retailing 2.22
69 eHai Car Services Transportation 2.11
70 Fanli.com New Retailing 2.00
70 iDreamSky Entertainment 2.00
70 CMGE Entertainment 2.00
70 Tuhu Transportation 2.00
74 Mobvista Online Marketing 1.97
75 Lanxum Education 1.88
75 Longtu Games Entertainment 1.88
77 Ourpalm Entertainment 1.86
78 Happy Elements Entertainment 1.85
79 MGTV Entertainment 1.82
80 Weidai.com.cn New Finance 1.78
81 Yonche.com Transportation 1.75
82 10jqka.com New Finance 1.73
83 Chukong Technology Entertainment 1.72
83 zhaopin.com Online Recruitment 1.72
85 Swjoy Entertainment 1.70
85 111.com Medical Care 1.70
87 ZEUS Interactive Entertainment 1.68
88 Baofeng.com Entertainment 1.65
89 Lily & Beauty New Retailing 1.62
90 4399.com  Entertainment 1.61
90 YeahMobi Online Marketing 1.61
92 jianke.com Onlie Health Care 1.60
92 Autozi Transportation 1.60
94 Yixia Entertainment 1.59
95 Meitu Utility Tools 1.58
96 7lk.com Onlie Health Care 1.53
97 Daikuan.com Transportation 1.50
97 Huami-Inc Smart Hardware 1.50
97 Car King Transportation 1.50
100 Douyu Entertainment 1.49 

Note:


1. This list focus on Internet industry and only covers revenue of Internet companies and Internet-related revenue of traditional companies, which took up more than 10% of its total revenues.

2. Data in this list is calculated in accordance with the revenue of the companies, not GMV or other statistical indexes. Some e-commerce companies, including Womai.com, Missfresh, Weiyingshidai, Pinduoduo and Zhunzhuan (not in a particular order), had a revenue larger than 1.4 billion Yuan, while their exact revenues were not published and thus the companies were not included in this list. 

3. Companies in the list that mainly serve individual customers rather than enterprise customers: B2B e-commerce companies such as Zhaogang.com, Banksteel, ZGW and Zhongchen E-Commerce were not included in the list temporarily.

4. Data in this list is calculated in accordance with the total revenue of the company or the revenue of an independent accounting business of a certain company. Revenue from indecomposable businesses was not calculated, and independent financing, independent valuation and independent financial accounting businesses are separately listed. 

5. The revenue of the companies whose financial report was in accordance with their fiscal years that were different from calendar years was calculated in accordance with calendar years. In other words, the effective data collection period of this list is from Jan 1, 2016 to Dec 31, 2016.

6. The revenue in this list was calculated in RMB. US dollars were converted to RMB with an exchange rate on the last trading day of 2016 (6.9370, Dec 30, 2016). The same rule applies to HK currency.

7. Additional companies: Some companies,for they was in special development stages (such as preparation for entering stock market period), officially confirmed not to participate in the ranking. If some other Internet companies which have annual revenue higher than 1.4 billion Yuan and fulfils this list’s requirements were not included in this list, please inform iResearch and iResearch will make changes to the list and release the updated list accordingly as soon as possilble.

8. Additional information of certain companies
1)  New retailing: in 2016 the GMV of Alibaba retailing platform reached 3.55 tn Yuan, and the GMV of JD attained 658.2 bn Yuan. Meanwhile, the revenue of Suning and Gome mentioned in the list both referred to their online business revenue.
2) Entertainment: Tixia Tech was not commercialized until June 2016. The main operator of Mango TV was TVMG Corp., while 84.13% of its shares were purchased by Happigo (a listed company in start-up board) in September 2017. 
3) New Finance: Yirendai is the online P2P sector of Creditease.

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