06/23 2024 482
The Internet has been developing for decades, and for a long time, American Internet companies have been at the forefront, from Yahoo in the past to Google now. However, the Internet is also a rapidly changing industry. A Chinese Internet leader has announced its revenue in 2023, which is quite close to Google's income. The Chinese Internet is expected to surpass the United States this year!
A new Chinese Internet giant has announced its performance in 2023, with revenue reaching $120 billion, representing a year-on-year growth rate of up to 40%. Despite such a large size, it has still maintained a rapid growth rate, which will be a significant challenge for Google, the US Internet giant.
In 2023, Google's revenue was $136.8 billion, with a year-on-year growth rate of about 20%. If Google's revenue growth rate remains at 20% this year, while the Chinese emerging Internet giant maintains a 40% growth rate, the Chinese Internet giant will surpass Google and become the new leader in the global Internet industry.
The Chinese emerging Internet giant has not only impacted Google's market position, but has also aggressively captured many industries, posing a threat to US Internet technology companies such as Facebook and Amazon. It is a truly comprehensive Internet company that has entered various Internet fields.
The Internet originated in the United States, and for decades, regardless of how the Internet has evolved, American Internet companies have always occupied a dominant position. However, the world is changing now, and when the dominance of American Internet companies is shaken, the United States can no longer sit idly by. Its previously emphasized market determinism has been exposed, and it has frequently taken measures against this Chinese Internet company, trying to ensure the dominance of American Internet companies.
In the past few decades, China has emerged with many Internet companies, but due to the monopoly of the Internet by the United States, these Chinese Internet companies have been difficult to go global. Until a decade ago, a brand-new Chinese Internet company emerged, and China finally had an Internet company that could go global.
This Internet company emphasizes that traffic is a business and uses algorithms to discover people's preferences for information, thereby changing the world of graphics, text, and videos. After its rise in China, it quickly went global, especially breaking into the long-time monopoly of American Internet companies in the US market, shocking the world.
It is reported that this Internet company has 170 million users in the United States, posing a significant threat to video applications of Facebook and Google. Its global user base has exceeded 3 billion, comparable to that of Google and Facebook, making it the first Chinese Internet company to exceed 3 billion users.
Many previous Chinese Internet giants had user numbers hovering around 1 billion due to their difficulty in going global and competing with US Internet giants such as Google. However, the new emerging Chinese Internet giant has now put significant pressure on US Internet companies, and the United States is trying to suppress it using spurious reasons.
Now, the United States has discarded its veil and continuously exerts pressure on this company. However, for other regions such as Europe, which have long suffered from US Internet dominance, they naturally hope that new Internet giants can break the US monopoly. The United States' scheme is bound to fail, and the Chinese Internet is changing the world, just as Chinese manufacturing has influenced the world. The days of US monopoly over the global Internet are coming to an end!