Top Ten Internet market capitalisation: China's four seats and Silicon Valley rival

As of September 15, the world's top 20 internet companies ranked 1 billion U.S. dollars. September 17 News, according to foreign media reports, the Internet is still under the leadership of Silicon Valley. But after Alibaba's IPO this week, the industry's balance shifted more or less to Asia. When Alibaba started trading in Friday, four of the world's top 10 internet companies were Asian companies, according to the S & P's Capital IQ figures. In 2004, there were only two Asian companies in the rankings. If Alibaba's market capitalisation reached $165 billion trillion by the end of Thursday, the total market value of Tencent, Baidu and Beijing east would reach $426 billion trillion. And four of America's biggest internet companies-Google, Facebook, Amazon and ebay-have a total market value of $797 billion trillion. According to Dealogic, 26 companies have been listed in China, Japan and South Korea so far this year. The companies raised a total of 4.45 billion dollars. Alibaba is expected to increase the total financing of Asian companies by 25 billion dollars. In the United States, a total of 21 internet companies conducted IPOs in 2014, financing 3.2 billion of billions of dollars. Only 9 Internet companies were listed in the UK, with a total financing of $4.7 billion. "If you want to say who will be the world's seven largest Internet companies for the next five years, I think Facebook, Google, Apple, Amazon, Tencent, Alibaba and Baidu are the Jim Breye," says Jim Breyer, a VC who is known for betting on Facebook early on. Since 2004, Breyer and its Chinese partners have invested more than 2 billion dollars in local internet companies. The stock market is an important barometer of how Asian companies have risen in the internet industry and how fast they are rising. The rapid growth of these companies has largely benefited from their aggressive expansion in Asia. About 45% of the world's nearly 3 billion internet users are located in Asia, according to ITU, the US Information Technology Agency. In China, more than 500 million people use smart phones to surf the internet. By the end of this year, the number of social media users across the Asia-Pacific region is expected to be close to 1 billion, almost five times times that of North America, according to research by Webcertain Group, a market research firm. "High-value companies benefit from the size of China's market," said Chen, chief executive of Renren. The same technology, put in China is worth more money. Chen's social-networking company is worth about 1.2 billion dollars. Under the influence of language differences and censorship, foreign companies have been shut out of markets such as China and South Korea, which has also strengthened Asia's internet power. Conversely, even the most resilient companies in Asia have little clout in the US, and they lack the strength, energy and willingness to confront big companies like Google outside of Asia. The innovation of these companies, both in China and Japan, is seen as more practical, without breakthroughs. With Tencent's mobile instant messaging service, the 440 million-user platform is also being used to sell games. The company gainedEarn far more than the bigger rivals WhatsApp. The latter, which has 600 million users, has been bought by Facebook at a price of 19 billion dollars. Now, Tencent is trying to break through the limitations of the game by taking micro-letters as a tool for buying tickets, investing in money funds, or paying home purchases. Tencent has also installed 10,000 vending machines across China, where users can shop on these machines by scanning a smartphone code, and then deduct the corresponding fees from Tencent's online personal account. So far, this approach has worked well and the company is making a big profit. Tencent's two quarterly profit margin was 32%. In contrast, Facebook and Google have profit margins of 27% and 21%. Tencent currently has a market value of $148 billion, and Facebook is 194 billion dollars. Last year, Japan's short message application line earned 323 million dollars in mobile gaming, emoticons and advertising-equivalent to 16 times times the WhatsApp forecast. Takeshi Idezawa, the line's chief operating officer, said that, with success, at least some of the big Asian Internet companies were starting to look at other markets. Line currently has more overseas users than its local customers, and hopes to expand more aggressively before foreign competitors enter Japan. Line is now ready to be listed in New York or Tokyo. Commenting on Asia's internet companies, Ze said: "I think we are indeed at a turning point." Rakuten, Japan's biggest online shopping site, is also determined to operate in other countries. The company has made a request since 2012 that all internal meetings must be communicated in English and that documents must be written in English. Rakuten said last week that the company would buy Ebates, the US rebate website, at a price of about 1 billion dollars. Rakuten points out that it wants to increase the proportion of total revenue from outside Japan to 50% from today's 10%. In the non-Japanese company that Rakuten bought this year, Ebates's price ranked third. Baidu has a 79% share of China's Internet search market, but it is almost unknown in other regions. Baidu's search engine in Japan has little traffic. In July this year, Baidu launched its search engine service in Brazil and plans to expand its operations in Egypt and Thailand. One way to see Baidu's interest in Silicon Valley is growing. The company is spending 300 million of dollars to build an artificial intelligence research center in the area. The center is headed by Wunda, former director of the AI Lab at Stanford University. To introduce more games to China, Tencent shares two large U.S. game developers. Tencent's expansion in the world is largely the role of micro-letters. Outside China, the application has been downloaded more than 100 million times. According to Dealogic, 7 of the top 10 acquisitions in the Internet industry this year have been completed by Asian companies in terms of price. Alibaba and Tencent spend a total of more than 11 billion dollars in the amount. Jack Ma, Alibaba's founder and chief executive, said in Monday that his company would expand aggressively in the US and European markets after the IPO. Ma Yun earlierI wrote to investors, saying that over the past 10 years, we have evaluated our standards to see how much we have changed China. In the future, the standard of judgment will be how much progress we can bring to the world. In the last quarter, Alibaba's China shopping website contributed 85% of the company's revenue, with a quarterly revenue of $2.5 billion. In June, Alibaba launched a shopping site called Main in the United States. The site is currently open only to mail-inviting users. Matt Cheng, founder of Cherubic Venture, a VC company, said he had witnessed a huge shift in the industry over the past 10 years, particularly in China. 10 years ago, the country had only a smattering of startups, and a large number of cloning companies copying American business. Now, young Asian entrepreneurs are no less timid than Silicon Valley. And Zheng Boren is increasingly competing with big American VCs, who are vying for a stake in a promising internet company. Competition has come to a white-hot stage, he said. (Zhao Chen)