Mary Meeker's Internet Trends 2019: China has the Highest Internet Users, Despite a Ban on Top Internet Guns
Meeker's 333-pages slide has special mentions on China's internet industry and the tech companies
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Opinions expressed by Entrepreneur contributors are their own.Mary Meeker’s most sought after internet trends’ report on the global tech industry have become an annual event that internet companies from all around the world wait for with bated breath. Meeker’s 333-pages slide has special mentions on China’s internet industry and the tech companies. With 3.8 billion internet users globally, China has the most internet users in the world, with about 800,000,000 or 21% of the world’s total internet users.
It is followed by India, the US and Indonesia in the second, third, and fourth position respectively. The report highlights seven Chinese companies in the top-30 spots for internet market cap leaders, namely Alibaba, Tencent, Meituan Dianping, JD.com, Baidu, NetEase and Xiaomi. Meeker’s report highlighted short-form videos as a key driver of internet usage growth in China. Short-form video leaders included Douyin, (Tik Tok), Kuaishou and Haokan. Another major video trend is live-streaming, especially for e-commerce platforms.
Internet users in China continue to grow despite the continued ban on global internet companies. There's no Netflix, no Facebook, no YouTube, no Twitter, no Google. Homegrown internet companies have themselves built a name in China. They have iflix, Baidu, WeChat. The Great Firewall imposed by the Chinese government basically controls everything that Chinese people search for and find on the internet.