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In 2022, Fortune's Global 500 list of the world's largest corporations included 145 Chinese companies in total. [1] Over the same year, Forbes reported that three of the world's ten largest public companies were Chinese, including the world's largest bank by total assets, the Industrial and Commercial Bank of China. [2]
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...
6. Sinopec Group. $471,154.2. 527,487. China's second-largest state-owned fossil fuel company. Sinopec specialises in refining crude oil into a variety of consumer products. 13. China State Construction Engineering. $305,884.5.
Tencent Holdings Ltd. ( Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world's largest company in the video game industry based on its equity investments.
t. e. A state-owned enterprise of China ( Chinese: 国有企业) is a legal entity that undertakes commercial activities on behalf of an owner government. As of 2017, China has more SOEs than any other country, and the most SOEs among large national companies. [ 1][page needed] As of the end of 2019, China's SOEs represented 4.5% of the global ...
BYD was founded on 10 February 1995 as Shenzhen BYD Battery Company Limited, with a focus on rechargeable nickel–cadmium (NiCd) batteries. [27] While working as a vice supervisor at the Beijing Nonferrous Research Institute, BYD's founder, Wang Chuanfu, noticed an opportunity presented by the shift in Japanese companies from NiCd to high-value nickel–metal hydride (NiMH) and lithium-ion ...
For perspective, when Pinduoduo came public in 2018, the three-year-old company delivered $1.9 billion in revenue that year. In 2023, revenue was $34.9 billion and net profit was $8.5 billion.
Nio Inc. (Chinese: 蔚来; pinyin: Wèilái; stylized as NIO) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company was established in 2014, and adopted its current name in 2016. In 2018, Nio filed for a IPO on the New York Stock Exchange. The ...