China is a country that now has several leading software engineering companies and corporations in the world. Among them are very large and famous companies, in the article List Of 10 Chinese Software Companies will summarize the largest software companies in China.
China Mobile
China Mobile is funded and controlled in part by the Chinese government, mainly providing mobile telecommunications services and software products with nearly 24,000 employees. China Mobile is the trade name of China Mobile Communications Group Co., Ltd.
The head office is located in Beijing. Currently, China Mobile is providing about 800 million mobile phone numbers throughout China. This is also the first name in the List Of 10 Chinese Software Companies.
Tencent
Tencent Holdings Ltd. is a Chinese multinational joint stock company established in 1998, whose subsidiaries are engaged in a wide range of Internet-related technology, entertainment, services, and products in China and globally.
The Chinese social networking giant’s WeChat messaging app had more than a billion monthly users in 2018, its social networking site QZone registered 630 million users while its instant messaging service has 820 million monthly users. By many statistics, these numbers are more than twice the population of the United States.
Alibaba
Alibaba is an indispensable name in the List Of 10 Chinese Software Companies. Alibaba Group Holding Ltd is a Chinese multinational technology company specializing in e-commerce, online retail, and technology. Is the world’s largest e-commerce retailer (accounting for the same proportion as eBay and Amazon combined).
Alibaba Group is currently considered the most valuable software company in China. All of the company’s software services are performed through a wholly-owned subsidiary, Alibaba Software. The company has its banking and payment service, Alipay. Alibaba has also invested in many US startups, including video messaging apps Snapchat and Lyft.
Baidu
Baidu, Inc. is a Chinese technology company engaged in online-related products and services. It is headquartered in Haidian District, Beijing, and is one of the second largest Artificial Intelligence companies in the world.
Baidu was founded in 2000 by Li Yanhong and has always been ranked as the top online search engine in China. The company offers a wide variety of freeware products, a large number aimed at desktop users in the Asia region.
Xiaomi
Xiaomi Corporation is a Chinese electronics corporation founded in April 2010 and headquartered in Beijing. As a smartphone manufacturer with a lot of market potential, Xiaomi has been compared to the “Apple of China”.
In 2014, the company was valued at more than $45 billion, making it the most valuable technology company in the world. This is the next name on the List Of 10 Chinese Software Companies.
Meituan
Founded in 2010 as a food delivery app, Meituan has since evolved into a more advanced super app. It can be thought of as an application used to browse products as well as make purchases and payments. It was one of the earliest applications of the O2O model.
The Beijing-based company offers food delivery, ride-hailing, movie ticketing, hotel, and travel bookings, and more, on-demand. In 2018, it acquired the bicycle distribution company Mobike (now Meituan Bike) and it is now China’s largest on-demand food delivery service provider.
The company has been reporting since its stock market debut in 2018 and is valued at $15.6 billion. Also, it is planning to invest in autonomous delivery vehicles, delivery drones, and other cutting-edge technologies with dizzying hiring levels.
Pinduoduo
Pinduoduo is a company founded in 2015 by former Microsoft and Google engineer and businessman Colin Huang. Pinduoduo (PDD) is an e-commerce platform that offers group transactions between farmers and buyers.
Now billed as the world’s largest agritech platform, the company went public with a US$41.6 billion IPO three years after its launch and is now valued at US$101 billion. Founder Huang gave up his CEO role in 2020 to Chen Lai and then stepped down as chairman in early 2021 to pursue research in the food and life sciences industries.
This is also where breakthroughs can drive the future of the PDD platform.
ByteDance
Founded in 2012, the owner of the social media platform ByteDance is best known for owning TikTok. It is also the company that has grown into the world’s most valuable privately held company with a valuation of $140 billion.
The company has gained massive global popularity with the social network TikTok, which launched in 2017 and was successful during the peak of the covid 19 pandemic.
TikTok allows anyone to easily create, edit Edit and share videos on mobile devices, giving users a personalized and immersive video viewing experience. In addition, ByteDance owns several other social networking applications operating in China including FlipChat and Duoshan. Billionaire co-founder Zhang Yiming stepped down as CEO in April 2021 giving leadership to co-founder Liang Rubio.
DiDi Chuxing
DiDi Chuxing was founded in 2012 by Cheng Wei, initially as a smartphone app for people who wanted to call a taxi. DiDi Chuxing has grown exponentially and currently dominates the ride-hailing market in China. The platform has expanded both geographically and now operates across APAC, Latin America, Russia, and Africa.
Among its services, it also provides other forms of shared transportation including bicycles, buses as well as food and financial delivery services. Valued at US$38 billion, the company has invested itself in similar startups including Lyft, a Grab rival, and Singapore-based Uber, which boasts 13,000 employees worldwide.
The company went public in June 2021 in a larger-than-expected IPO, marking one of the largest listings by a Chinese company in the US since Alibaba went public in 2014.
Kuaishou
Social media company Kuaishou was born in 2011 as a Chinese short video-sharing app. Co-founded by Chinese tech entrepreneurs Su Hua and Cheng Yixiao, the Tencent-backed tech company tried to buy TikTok in 2017 without success.
The company also offers a range of video-sharing and live-streaming platforms, including Kuaishou (aka Kwai International). The tech company went public in Hong Kong in February 2021, marking the world’s largest IPO since 2019, and is currently valued at $38 billion. In October 2021, co-founder Su Hua stepped down as CEO. This is also the last name in the List Of 10 Chinese Software Companies.
These are famous Chinese software companies compiled by List Of 10 Chinese Software Companies. Hope this article will provide you with useful information.
