5 Most Valuable Chinese Companies

2. Alibaba Group

Market Value (USD Billion): 216.6

Alibaba is a leading player in the Chinese e-commerce market and is expected to increase in the coming years. The company also has a strong position in the cloud computing market, another high-growth industry. Alibaba is also investing heavily in new areas, such as artificial intelligence and digital media, which could drive future growth. Moreover, Alibaba’s revenue grew 14% in Q2 2023, with international commerce revenue surging 60%.