Home > Blossary: China Rich List 2014
China’s top 100 richest are now worth $376 billion, up 19% from a year ago.The quicksilver of the Chinese Internet may even exceed what the Web bestows elsewhere. Especially when an outfit from China enjoys a U.S. stock listing. Look no further than Liu Qiangdong and his Amazon-like online shopping site JD.com. Though it lost money in the first half, it rocketed on the share market after a May IPO. Even with a 22% comedown from its peak, JD.com’s $35 billion valuation is sufficient to lift Liu from 98th on last year’s China Rich List to 10th this time, with $7.1 billion.
Category: Business
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Created by: tim.zhaotianqi
Number of Blossarys: 40
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English (EN) Ma Huateng, also known as "Pony" Ma, turned Chinese Internet firm Tencent into a giant on the back of profits generated from online games, offering them alongside free services like messaging. ...
Domain: Internet; Category: Internet communication
Robin Li is CEO and chairman of China's No. 1 search engine, Baidu, whose Nasdaq-traded shares hit record highs this year. Through acquisitions, Baidu has bolstered its mobile business, and it is ...
Domain: Online services; Category: Search engines
Former English teacher Ma captured the world stage like no other Chinese businessman before him in September with the record-breaking $25 billion initial public offering of e-commerce powerhouse ...
Domain: Economy; Category: Ecommerce
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