With 20-years' continuous and rapid development, China has become one of the most important players in the global Internet industry.
A trend report delivered by "Queen of the Net", Mary Meeker, who's now with the venture capital firm Kleiner Perkins Caufield & Byers, calls China a dominant Internet hub.
Out of the top 10 websites that saw most unique monthly visitors in March 2014, four came from China, compared with only one the previous year, according to the report.
Amazon.com is an American international electronic commerce company with headquarters in Seattle, Washington. It is the world's largest online retailer.
Sohu is a Chinese Internet company headquartered in Beijing. The Nasdaq-listed company, which operates one of China's most popular Web portals, said in April that it lost US$79 million in the latest quarter due to higher expenses as it expands its gaming and mobile businesses.
Tencent Holdings Ltd has been newly crowned the most valuable Chinese brand in 2014, according Hurun Report, a leading authority on China's wealthy.
Baidu Inc, China's leading Internet search provider, said in April that its first-quarter revenue soared 59.1 per cent year-on-year to 9.5 billion yuan (S$1.9 billion).
The Beijing-based company released unaudited results for the first three months of this year that show net profit expanded 24.1 per cent year-on-year to 2.54 billion yuan.
The solid performance was powered by the company's core search business, said Robin Li, founder and chief executive officer of the Nasdaq-listed Baidu.
China's e-commerce giant Alibaba Group Holding Ltd has decided to list its shares on the New York Stock Exchange in what could potentially be the biggest initial public offering in US history.
In an update to its IPO filing on Thursday, the e-commerce giant said it would list its shares on the NYSE under the ticker name "BABA".