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There is no doubt that the top ten Internet companies in China in 2018

4hw.com.cn: the top 100 Internet companies in China have been newly released. On July 27, 2018, the "top 100 Internet companies in China" was released in Xiamen. Alibaba once again topped the list. This is the third time Alibaba has topped the list in the past four years. This list, jointly released by China Internet association and information center of the Ministry of industry and information technology, is an authoritative list in the field of Internet in China. Alibaba's strong power of digital economy and continuous technological innovation have once again won the praise of authoritative institutions.

In the past year, Alibaba has continued to carry out business innovation. The influence of "new retail" continues to expand, and the online and offline integration mode drives the business transformation in China. In the fiscal year 2018 (April 2017 to March 2018), the Gmv of Alibaba platform reached 4.82 trillion yuan, the annual revenue of core e-commerce business increased by 60% to 214 billion yuan, directly driving the group's revenue to 250.266 billion yuan, a year-on-year increase of 58%, the highest growth since the IPO of e-commerce business revenue and group's total revenue.

Digital power has helped the real economy a lot and has become an important force to promote economic transformation and upgrading. Alibaba cloud helps traditional enterprises better tap the value of data, taofactory helps small and medium-sized enterprises optimize their production processes, and ant financial services provides better inclusive financial services for rural areas and small and micro enterprises through big data risk control. Alibaba ecology also effectively supports employment. According to the Institute of labor and personnel of Renmin University of China, Alibaba's retail platform drives the upstream and downstream of the industrial chain, directly and indirectly creating 36.81 million jobs.

Alibaba's technical strength is highly recognized. In fiscal year 2018, Alibaba cloud computing's annual revenue was 13.390 billion yuan, up 101% year on year, and it has become one of the world's three largest cloud service providers along with Amazon and Microsoft. In addition, Ali also announced the establishment of the Damo Academy in October last year, and announced to invest 100 billion yuan to promote basic science and key technology research. Less than a year after its establishment, the Damo academy has won nearly 20 world firsts in international top technology competitions, and has achieved a number of research results.

The top 100 Internet enterprises in China are evaluated by the China Internet association and the information center of the Ministry of industry and information technology. Based on the data of last year, eight core indicators representing six dimensions of enterprise scale, profitability, innovation, growth, influence and social responsibility are selected, and the index weight is set according to the characteristics of industry development and expert opinions, and finally the enterprise ranking is obtained. Since its release in 2013, the research results have become an important reference for the community to observe the development trend of the Internet industry.

Attachment: list of top ten Internet enterprises in China in 2018