Internet in China

Fortune just released the results of a study evaluating worldwide e-business companies with the fastest growth. The study was lead on more than hundred companies to rank the ones with the fastest growth
Ranked next to famous companies like Google (#10), Amazon (#8) and Apple (#7), we find 3 Chinese companies out of 10, not really a shocker when we look at the online population growth in China which basically doubled in the last 2 years to reach 338 millions users this year.

So who are the winners?

Ctrip.com, the number one online travel service provider, is ranked number 6 with an increase of its turnover of 26% in 2009 second quarter only. On the 3rd position, Shanda is the first local player for online multi-players gaming. The group claims 6 millions of active paying accounts. Number 2 : Sohu, also ranked #3 in “Fortune 100″. The groups controls portal Sohu.com, search engine Sogou.com and social network Chinaren.com and its 77 millions members.

Worth to mention is ranked #9 based in Taiwan Gigamedia, one of the leading player worldwide for online gaming.

#1 is Blackberry fabricant Canadian Research in motion with an impressive 11 billions turnover on its last 4 quarters despite the Iphone success.

Guess where are we heading now?

Sources Fortune, CNNIC In French JournalduNet

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