5 Most Valuable Asian Companies

2. Alibaba Group Holding Ltd. (NYSE: BABA)

Market cap: $717.35 billion

Revenue: $70.6 billion

Assets: $189.4 billion

Headquarters: Hangzhou, China

Ranking second on our list of the most valuable Asian companies is China’s most dominant e-commerce company, Alibaba Group. Alibaba holds 58.2% of all retail e-commerce market share in China. In 2020, Alibaba’s active consumers on the retail marketplace reached 779 million.

Alibaba reported revenue of $33.8 billion in the fourth quarter, an increase of 37% year over year. Shares of BABA rallied 19.93% over the past twelve months. 

Alibaba Group Holding Ltd (NYSE:BABA), alibaba homepage, sign, internet, retail, portal

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