5 Biggest E-Commerce Companies in China

4. Baidu Inc. (NASDAQ: BIDU)

Revenue: US$16.4 billion, 2020

Baidu, Inc. (NASDAQ: BIDU) is based in Beijing and was founded in 2001. Baidu (NASDAQ: BIDU) offers IT solutions, online marketing solutions and operates as an e-commerce platform. Baidu Wallet is an online payment service that allows users to make closed-loop transactions quickly and easily. Baidu Wallet is integrated across all Baidu platforms and other third-party products. Users can, for example, buy movie tickets or order food through Baidu Nuomi, or arrange daily commutes via Uber.

Baidu’s (NASDAQ: BIDU) iQiyi is a major player in the online video business. They have produced many highly successful web series and reality shows that regularly draw in millions of users.