Tencent, Alibaba not even China’s Top 500 Private Enterprises

BY SILVI WRITER   Tencent and Alibaba, despite of being widely regarded as the world’s largest and most outstanding internet companies, were both missing from a list of China’s top 500 private enterprises, released on Wednesday by the country’s government branches. Same as last year, Guangdong-based tech giant Huawei has been crowned the top private company with a revenue of 603.62 billion yuan ($88.57 billion) … Continue reading Tencent, Alibaba not even China’s Top 500 Private Enterprises