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Internet: Company analyzes ecosystem competition

Competition in China's internet market has turned into a fierce contest among ecosystems, market research company International Data Corp said in a recent report. IDC analyzed the strong growth of internet giants Alibaba Group and Tencent Holdings in the second quarter, saying the two "have formed complete and solid ecosystems, thus helping startups achieve rapid growth and enhance their own competitive advantages." An internet ecosystem is a concept that has gained increasing popularity in the industry. It is a brand new system evolved from the internet, enabling a comprehensive restructuring of value chains across industries.