Tencent Holdings Ltd was hailed as No 1 Chinese internet company with best performance, followed by Alibaba Group and Baidu Inc as the second and third respectively, according to a list jointly released by Internet Society of China and the information center of Industry and Information Technology Ministry.
The three companies have been occupying the top three spot since 2013, when the list was first issued.
The list is based on six parameters, including company size, profits, innovation, and influence. The 2016 figures were measured and collected via various channels, such as company's own declaration, financial report of listed companies, audit report, and third-party research report.
Here are the top 10 internet companies in China:
No 10 Qihoo 360 Technology Co Ltd
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The exhibition stand of Qihoo 360 Technology Co Ltd at the 16th China Internet Conference in Beijing, July 12, 2017. [Photo/VCG]
No 9 Ctrip
The information desk of Ctrip.com at Nanjing Lukou International Airport on July 9, 2017. [Photo/VCG]
No 8 Meituan-Dianping
Lou Xiaobo, vice-president of Meituan-Dianping, delivers a speech in Xiangyang, Central China's Hubei province, on March 13, 2017. [Photo/IC]
No 7 Sohu.com Inc
Sohu media building in Beijing, Aug 19, 2017. [Photo/IC]
No 6 Sina Corp
Sina's headquarters in Beijing, May 20, 2017. [Photo/VCG]
No 5 NetEase Inc
NetEase Inc in Beijing, Aug 17, 2017. [Photo/IC]
No 4 JD.com Inc
Visitors participate in offline activities at the exploration center of Jingdong Mall in Xuchang city, Central China's Henan province, on Aug 13, 2017. [Photo/VCG]
No 3 Baidu Inc
The exhibition stand of Baidu Inc at the Smart City Expo China 2017 in Ningbo, East China's Zhejiang province, Sept 8, 2017. [Photo/VCG]
No 2 Alibaba Group
A sign for Ant Financial Services Group's Alipay, an affiliate of Alibaba Group Holding Ltd, is displayed at a store in Bangkok, on Sept 28, 2017. [Photo/VCG]
No 1 Tencent Holdings Ltd
View of the headquarters of Tencent in Shenzhen, South China´s Guangdong province, May 28, 2017. [Photo/IC]
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