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China Internet Report 2020.中国互联网报告2020.pdf

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This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). China Internet Report 2020 July 2020
This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). China has emerged on the world stage with a range of global tech companies that are innovative and competitive. And increasingly, their successes are being studied and replicated in other markets. This third edition of the China Internet Report delves deeper into China’s drive to be a global leader for innovation, and examines the opportunities and challenges for its technology-led industrial transformation. China’s sheer scale and impact as an emerging global trendsetter make the China Internet Report a must-read for global business, policy, marketing, and technology decision-makers. 2
This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). Contents 1 2 3 CHINA AT A GLANCE TOP TRENDS FOR 2020 TOP FUNDED START-UPS 3 11 39 3
This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). China vs U.S. Internet Source: China Internet Network Information Center, National Bureau of Statistics of China, Worldometer, Pew Research, eMarketer 4
This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). China vs U.S. Players by Key Verticals (1 of 2) Source: SCMP Analysis 5
This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). China vs U.S. Players by Key Verticals (2 of 2) Source: SCMP Analysis 6
This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). Top Chinese Internet Players (1 of 2) Rank Company CEO Selected Investors Pony MA IDG Capital, PCCW, Lippo Group, Prosus & Naspers Daniel ZHANG General Atlantic, SoftBank, Goldman Sachs, DST Global, GIC General Atlantic, Sequoia Capital, GIC, Silver Lake Partners, Temasek Holdings Simon HU WANG Xing Tencent Holdings, Qiming Venture Partners, DST Global, GIC, Lightspeed Venture Partners ZHANG Yiming Sequoia Capital China, SIG Asia Investments, Softbank Group Tencent Holdings, Sequoia Capital China, Cathay Innovation, IDG Capital, Gaorong Capital Lei CHEN Richard LIU Walmart, DST Global, Google, Sequoia Capital China, Tiger Global Tencent Holdings Alibaba Ant Group Meituan- Dianping ByteDance Pinduoduo JD.com 1 2 3 4 5 6 7 8 9 Netease DING Lei Management SoftBank Capital Didi Chuxing CHENG Wei Matrix Partners, Tiger Global Management, Softbank Corp., 10 Xiaomi LEI Jun Qiming Venture Partners, Goldman Sachs, DST Global, Deutsche Bank, GIC AS OF JUN 30, 2020 Market Cap / Valuation (US$bn) 631 579 200 134 110 102 93 69 53 42 Listed on HKG: 700 NYSE: BABA; HKG: 9988 Private HKG: 3690 Private NASDAQ: PDD NASDAQ: JD; HKG: 9618 NASDAQ: NTES; HKG: 9999 Private HKG: 1810 1Financial figures presented in this report are in USD; if original reported figures were in RMB, the report used a last-90 day average conversion rate of 7.1428 Source: Crunchbase, CB Insights, Hurun, ITjuzi, SCMP Analysis 7
This document is being provided for the exclusive use of (Foo Alvin Suang Chee - alvin@foo.my). Top Chinese Internet Players (2 of 2) AS OF JUN 30, 2020 Rank Company CEO Selected Investors Listed on Market Cap / Valuation (US$bn) Robin LI Tencent Holdings, Lenovo, GIC, IDG Capital, Sequoia Capital China NASDAQ: BIDU Baidu Lufax 11 12 13 14 15 16 17 18 19 20 Gregory D GIBB CICC, Goldman Sachs, Macquarie Group, COFCO, JP Morgan Chase JD Logistics WANG Zhenhui Tencent Holdings, Sequoia Capital China, Hillhouse Capital Group, K3 Ventures, ICBC International Morningside Venture Capital, Sequoia Capital, Baidu Kuaishou SU Hua Tencent Music Cussion PANG Spotify WeBank Cainiao Logistics JD Digits Qihoo 360 GU Min WAN Lin1 CHEN Tencent Holdings Alibaba Group, GIC, Temasek Holdings, Khazanah Nasional, Primavera Capital Group CICC, Sequoia Capital China, COFCO, China Creation Ventures (CCV), Intonation Ventures Qiangsheng ZHOU Hongyi Matrix Partners, Sequoia Capital China, Redpoint, IDG Capital, Aier Eye Hospital Group Xiaomi, Sequoia Capital, IDG Capital, Shunwei Capital, Providence Equity Partners iQiyi GONG Yu Private Private Private NYSE: TME Private Private Private SHSE: 601360 NASDAQ: IQ 42 39 30 28 22 21 20 20 18 17 1President Source: Crunchbase, CB Insights, Hurun, ITjuzi, SCMP Analysis 8
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