China Internet Firms' Revenues Rise Over 10% in First Half of 2026
Major internet companies in China achieved revenues of approximately $157.45 billion in the first half of 2026, marking a 10.1 percent growth compared to the same period last year. Their total profits reached around $14.6 billion, an increase of 16.6 percent. Meanwhile, research and development expenditures rose to about $8.77 billion, reflecting an annual increase of 14.1 percent, indicating improved sector performance and increased investments in technological innovation.
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