As of October 2020, Tencent had the highest mobile penetration rate among internet companies in China, reaching more than 96 percent of Chinese mobile internet users. Alibaba had the second highest penetration rate, followed by Baidu.
The BATs, referring to Baidu, Alibaba, and Tencent, are the three most powerful companies providing web applications in China. Originated in search (Baidu), e-commerce (Alibaba), social media and mobile gaming (Tencent), all three tech conglomerates started their businesses in the late 1990s and 2000s. Twenty years later, they each occupy a dominant position and enjoy a near monopoly in their respective areas.
Mobile penetration rate of leading internet companies in China as of October 2020
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China Internet Watch. (November 23, 2020). Mobile penetration rate of leading internet companies in China as of October 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1194657/china-mobile-penetration-rate-of-internet-giants/
China Internet Watch. "Mobile penetration rate of leading internet companies in China as of October 2020." Chart. November 23, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1194657/china-mobile-penetration-rate-of-internet-giants/
China Internet Watch. (2020). Mobile penetration rate of leading internet companies in China as of October 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1194657/china-mobile-penetration-rate-of-internet-giants/
China Internet Watch. "Mobile Penetration Rate of Leading Internet Companies in China as of October 2020." Statista, Statista Inc., 23 Nov 2020, https://www.statista.com/statistics/1194657/china-mobile-penetration-rate-of-internet-giants/
China Internet Watch, Mobile penetration rate of leading internet companies in China as of October 2020 Statista, https://www.statista.com/statistics/1194657/china-mobile-penetration-rate-of-internet-giants/ (last visited November 21, 2024)
Mobile penetration rate of leading internet companies in China as of October 2020 [Graph], China Internet Watch, November 23, 2020. [Online]. Available: https://www.statista.com/statistics/1194657/china-mobile-penetration-rate-of-internet-giants/