On chinadaily.com.cn

Visit for breaking news and exclusive content

China's top five internet ecosystems

Competition in China's internet market has turned fierce, market-research company International Data Corp said in a report released on Thursday. According to IDC, Alibaba's ecosystem is based on its core business - e-commerce - while Tencent's centers on social networking and online gaming. An internet ecosystem is a concept that has gained increasing popularity in the industry. Economist Song Qinghui defines it as a brand-new system evolved from the internet, enabling a comprehensive restructuring of value chains across industries. Visit our website to explore China's top five internet ecosystems.