Below you can find the list of the 5 biggest Chinese software companies. For detailed coverage of this topic and a more comprehensive list, please see the 12 biggest Chinese software companies.
5. Tencent Holdings
Revenue: $54.6 billion
Market cap: $509.7 billion
Assets: $137 billion
Number of employees: 62,885
Headquarters: Shenzhen, China
Tencent Holdings Ltd. is an investment company involved in the production of value-added services and online advertising services. The company provides social networking, music, web portals, e-commerce, mobile games, Internet services, payment systems, entertainment, artificial intelligence, and technology solutions through its subsidiaries. Tencent Holdings is one of the biggest media companies in the world. The most popular product of the company is the WeChat smartphone app, which has over a billion active users and is used for a variety of functions ranging from instant messaging to social networking and payments. The company is also behind some of the most popular mobile games in the United States, including PUBG Mobile and Call Of Duty.
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4. Alibaba (NYSE: BABA)
Revenue: $70.6 billion
Market cap: $699.73 billion
Assets: $189.4 billion
Number of employees: 66,421
Headquarters: Hangzhou, China
Alibaba is the largest e-commerce company in China and one of the most valuable technology companies in the world. All of Alibaba’s software offerings are developed by a wholly-owned subsidiary, Alibaba Software. It operates the most visited online stores in China, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba also owns a 33% stake in Ant Financial through its subsidiaries. Ant Financial develops a proprietary blockchain that is used, among other things, to keep tabs on products sold in the marketplace run by Alibaba. The firm is also investing a lot in its cloud computing business and cloud infrastructure such as data centers.
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3. JD.com Inc (NASDAQ: JD)
Revenue: $83.4 billion
Market cap: $147.1 billion
Assets: $37.3 billion
Number of employees: 220,000
Headquarters: Beijing, China
The Chinese software company, JD.com develops reliable and scalable platforms that bring value to consumers in sectors such as e-commerce, logistics, Internet finance, cloud computing, and smart technology. It is engaged in the manufacture of electronics and general merchandise products, including audio, video products, and books. JD.com also operates a new business segment that includes logistics services provided to third parties, technology services, overseas business, and insurance.
2. China Mobile (NYSE: CHL)
Revenue: $108.1 billion
Market cap: $164.9 billion
Assets: $233.9 billion
Number of employees: 456,239
Headquarters: Hong Kong, Hong Kong
Like many major Chinese companies, China Mobile Ltd. (CHL) is government-owned and operates as an investment holding company. It offers telecommunications services and other related services in Mainland China. The company is primarily a mobile service provider with a large software team of half of its total employees. The firm provides communications services in all 31 provinces, autonomous regions, and directly administered municipalities across Mainland China and Hong Kong.
1. Huawei
Revenue: $122 billion
Assets: $122.947 billion
Number of employees: 194,000
Headquarters: Shenzhen, China
Topping the list of the biggest software companies in the world is Huawei. Huawei, a multinational telecommunications and consumer electronics giant, had a humble beginning as a small-time telecommunications equipment trader in Shenzhen in 1987. The Shenzhen software company has over 190,000 employees and operates in more than 170 countries. With a 20% market share, Huawei is China’s largest smartphone vendor and ranks second-largest in the world, after Samsung. Despite its success in most parts of the world, Huawei has not made major inroads in the U.S. due to security concerns, the U.S. government has discouraged U.S. carriers from buying Huawei’s telecommunications equipment. Although some exemptions have since been granted for the continued purchase of certain American suppliers, Huawei has been competing to develop its own technologies, including its own HarmonyOS for its own devices.
Please also see 10 Best Chinese Stocks To Buy Now, 15 Biggest VR Companies in the World and 15 Biggest Robotics Companies In The World.
