this post was submitted on 28 Sep 2025
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A 10‑year comparison of U.S. and Chinese internet champions by market capitalization (lemmy.nz)
submitted 10 months ago by Jimmy@mander.xyz to c/dataisbeautiful@mander.xyz
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  • 2014–2016: The “China Surge” — Alibaba and Tencent rose rapidly on e‑commerce and mobile internet growth.

  • 2017–2019: Social platform wars — Meta and Tencent both thrived as global attention shifted to social ecosystems.

  • 2020–2021: Cloud explosion — Amazon’s AWS dominance pushed it past $1.6T, while Meta neared $1T.

  • 2022–2023: Diverging paths — U.S. tech rebounded with AI pivots, while Chinese firms faced regulatory headwinds.

  • 2024–2025: AI & scale — Amazon (Amazon market cap $2.3T) and Meta (Meta market cap $1.9T) surged, cementing U.S. dominance; Tencent (Tencent market cap $757B) and Alibaba (Alibaba market cap $392B) remain strong but no longer in the same league.

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