JD.com tops 2026 China Top 500 Private Enterprises list with 1.309 trillion yuan revenue
On September 22, the All-China Federation of Industry and Commerce released the 2026 China Top 500 Private Enterprises list in Tianjin. JD.com ranked first with 1.309 trillion yuan in revenue, followed by Alibaba (1.017 trillion yuan) and Hengli Group (899.07 billion yuan). The top 500 firms reported total revenue of 44.93 trillion yuan, up 4.35% year-on-year, and net profit of 1.83 trillion yuan, up 1.31%. The survey included 6,350 companies with annual revenues exceeding 10 billion yuan in 2025.
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2026 China Private Enterprises 500: Mingming Henmang, Luckin Coffee, Xuchuang Tech Leap in Rankings
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list. The report highlights significant ranking improvements for three companies. Hunan Mingming Henmang Commercial Chain Co., Ltd. rose 141 places to 178th, with revenue increasing from 393.44 billion yuan to 661.70 billion yuan. Luckin Coffee (China) Co., Ltd. climbed 139 spots to 248th, with revenue rising from 344.75 billion yuan to 492.88 billion yuan. Suzhou Xuchuang Technology Co., Ltd. advanced 122 places to 365th, with revenue growing from 275.17 billion yuan to 360.02 billion yuan. The list was topped by JD.com, Alibaba, and Hengli Group. The article is sourced from Sina Securities and includes a disclaimer that the content is for reference only and does not constitute investment advice.
Read source2026 China Private Enterprise 500 List: Leapmotor, Zongheng Network, XPeng Lead Ranking Gains
The All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list on September 22. The report highlights significant ranking improvements among several companies. Leapmotor (Zero Run Auto) jumped 227 places to rank 187th, up from 414th in 2025, with revenue surging from 321.64 billion yuan to 647.32 billion yuan. Zongheng Network rose 187 places, and XPeng Motors climbed 167 places, placing them among the top gainers. The list was topped by JD.com, Alibaba, and Hengli Group. The article is a syndicated report from Sina Securities and includes a disclaimer that the content is for reference only and does not constitute investment advice.
Read sourceHainan's HNA Group Listed in 2026 China Top 500 Private Enterprises; JD.com Ranks First
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. secured the top three positions. Hainan-based HNA Aviation Group Co., Ltd. was also listed. The survey, the 28th of its kind conducted by the federation, included 6,350 enterprises with annual revenues exceeding 10 billion yuan in 2025. The top 500 enterprises reported total revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per firm, up 4.35% year-on-year. Their net profit reached 1.83 trillion yuan, averaging 3.652 billion yuan per firm, a 1.31% increase. Total tax payments amounted to 1.30 trillion yuan, with 254 companies (50.80% of the top 500) paying over 10 billion yuan in taxes.
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Hainan Airlines Parent Listed in 2026 China Top 500 Private Enterprises Released by Federation
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three positions were held by JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. Hainan Airlines Group Co., Ltd. was also listed. The survey, the 28th of its kind conducted by the Federation, included 6,350 enterprises with annual revenues exceeding 10 billion yuan in 2025. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per enterprise, representing a 4.35% increase year-on-year. Their total net profit reached 1.83 trillion yuan, averaging 3.652 billion yuan per enterprise, up 1.31%. Total tax payments amounted to 1.30 trillion yuan, with 254 enterprises (50.80% of the top 500) paying over 10 billion yuan in taxes.
Read sourceJD.com, Alibaba Lead Internet Firms on China's 2026 Top 500 Private Companies List; Ant, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. were listed, along with Tencent Holdings, Beijing SanKuai Online Technology (Meituan), Beijing Didi Infinite Technology (Didi Chuxing), Ant Technology Group, and Baidu. Compared to the 2025 list, Meituan dropped one place from 18th to 19th, Ant Technology Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant and Baidu reported declines year-over-year, with 2026 revenues of 170.89 billion yuan (down 3.88%) and 129.079 billion yuan (down 3.04%), respectively, while other listed companies saw revenue growth.
Read sourceJD.com, Alibaba Lead Internet Firms on China's Top 500 Private Enterprises List; Ant, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. ranked highly, while Meituan, Ant Technology Group, and Baidu saw their rankings decline compared to 2025. Meituan dropped one spot from 18th to 19th, Ant fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant and Baidu reported year-on-year declines, with Ant posting 170.89 billion yuan (down 3.88%) and Baidu 129.079 billion yuan (down 3.04%). Other listed companies, including JD.com, Alibaba, Tencent, and Didi, reported revenue growth. The report is based on data from the official release by the All-China Federation of Industry and Commerce.
Read sourceJD.com and Alibaba Rank Among Top 500 Private Firms; Ant Group and Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. were listed, along with Tencent Holdings, Beijing SanKuai Online Technology (Meituan), Beijing Didi Infinite Technology (Didi Chuxing), Ant Technology Group, and Baidu. Compared to 2025, Meituan dropped one spot from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu declined ten places from 69th to 79th. Ant Group's 2026 revenue was 170.89 billion yuan, down 3.88% year-on-year, and Baidu's revenue was 129.079 billion yuan, down 3.04%. Other listed companies saw revenue growth.
Read sourceJD.com, Alibaba Lead Internet Firms on 2026 China Private Enterprise 500 List
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. were listed, along with Tencent, Meituan (Beijing Sankuai Online Technology), Didi Chuxing, Ant Group, and Baidu. Compared to the 2025 list, Meituan dropped one place from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant Group and Baidu reported year-on-year declines, with 2026 revenues of 170.89 billion yuan (down 3.88%) and 129.079 billion yuan (down 3.04%), respectively, while other listed companies saw revenue growth.
Read sourceJD.com, Alibaba Lead Internet Firms on 2026 China Private Enterprise 500 List; Ant, Baidu Drop
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba maintained leading positions. However, several major firms saw their rankings decline compared to 2025. Meituan dropped one spot from 18th to 19th. Ant Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant Group reported 170.89 billion yuan, a year-on-year decrease of 3.88%, while Baidu reported 129.079 billion yuan, down 3.04%. Other listed internet and tech companies saw revenue growth. The report provides a snapshot of the shifting competitive landscape among China's largest private enterprises in the tech sector.
Read sourceJD.com, Alibaba Lead Internet Firms on China's Top 500 Private Companies List; Ant, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Internet and technology service companies featured include JD.com, Alibaba (China) Co., Ltd., Tencent Holdings, Beijing Sankuai Online Technology Co., Ltd. (Meituan), Beijing Didi Infinite Technology Development Co., Ltd. (Didi Chuxing), Ant Technology Group, and Baidu. Compared to the 2025 list, Meituan dropped one place from 18th to 19th, Ant Technology Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant and Baidu reported declines year-over-year, with 2026 revenues of 170.89 billion yuan and 129.079 billion yuan respectively, down 3.88% and 3.04%. Other listed companies saw revenue growth.
Read sourceJD.com, Alibaba top China's private firms list; Ant Group, Baidu slip in rankings
On September 22, the All-China Federation of Industry and Commerce released the '2026 Top 500 Private Enterprises in China' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. were listed, along with Tencent Holdings, Beijing Sankuai Online Technology Co., Ltd. (Meituan), Beijing Didi Wuxian Technology Development Co., Ltd. (Didi Chuxing), Ant Technology Group Co., Ltd., and Baidu Inc. Compared to the 2025 rankings, Meituan dropped one place from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant Group and Baidu saw year-over-year declines, reporting revenues of 170.89 billion yuan and 129.079 billion yuan respectively, down 3.88% and 3.04% from the previous year. Other listed companies reported revenue growth.
Read sourceJD.com, Alibaba top China private firms list; Ant Group, Baidu drop in rankings
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Internet and technology service companies featured include JD.com, Alibaba (China) Co., Ltd., Tencent Holdings, Beijing SanKuai Online Technology (Meituan), Beijing Didi Infinite Technology (Didi Chuxing), Ant Group, and Baidu. Compared to 2025, Meituan dropped one spot from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu declined ten places from 69th to 79th. Ant Group and Baidu also saw revenue declines year-over-year, with 2026 revenues of 170.89 billion yuan (down 3.88%) and 129.079 billion yuan (down 3.04%) respectively, while other listed companies reported revenue growth.
Read sourceJD.com, Alibaba Lead Internet Firms on 2026 China Private Enterprise 500; Ant Group, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. ranked highly, while Meituan (Beijing Sankuai Online Technology Co., Ltd.), Ant Technology Group Co., Ltd., and Baidu Inc. saw their rankings decline compared to 2025. Meituan dropped one spot from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant Group reported 170.89 billion yuan (down 3.88% year-on-year) and Baidu reported 129.079 billion yuan (down 3.04% year-on-year), while other listed companies saw revenue growth. The report is attributed to Red Star Capital Bureau's analysis of the official list.
Read sourceJD.com, Alibaba Lead Internet Firms on China's Top 500 Private Enterprises List; Ant, Baidu Fall
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. were listed, along with Tencent Holdings, Beijing Sankuai Online Technology Co., Ltd. (Meituan), Beijing Didi Wuxian Technology Development Co., Ltd. (Didi Chuxing), Ant Technology Group Co., Ltd., and Baidu Inc. Compared to the 2025 list, Meituan dropped one place from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant Group and Baidu saw year-on-year declines, reporting 2026 revenues of 170.89 billion yuan and 129.079 billion yuan respectively, down 3.88% and 3.04%. Other listed companies reported year-on-year revenue growth.
Read sourceJD.com, Alibaba Lead Internet Firms on China's Top 500 Private Enterprises List; Ant, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. ranked highly, while Tencent, Meituan (Beijing Sankuai Online Technology Co., Ltd.), Didi Chuxing, Ant Technology Group, and Baidu also made the list. Compared to the 2025 ranking, Meituan fell one spot from 18th to 19th, Ant Technology Group dropped five places from 41st to 46th, and Baidu declined ten places from 69th to 79th. In terms of revenue, Ant and Baidu reported year-on-year declines, with 2026 revenues of 170.89 billion yuan (down 3.88%) and 129.079 billion yuan (down 3.04%), respectively. Other listed companies saw revenue growth.
Read sourceJD, Alibaba Lead Internet Firms on China's 2026 Top 500 Private Enterprises List
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. were listed, along with Tencent, Meituan (Beijing Sankuai Online Technology Co., Ltd.), Didi Chuxing, Ant Group, and Baidu. Compared to the 2025 list, Meituan dropped one spot from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu declined ten places from 69th to 79th. In terms of revenue, Ant Group and Baidu reported year-over-year declines, with 2026 revenues of 170.89 billion yuan (down 3.88%) and 129.079 billion yuan (down 3.04%), respectively, while other listed companies saw revenue growth.
Read sourceJD.com, Alibaba Lead Internet Firms on China's Top 500 Private Enterprises List; Ant, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. ranked highly, while Tencent, Meituan (Beijing Sankuai Online Technology Co., Ltd.), Didi Chuxing, Ant Technology Group, and Baidu also made the list. Compared to 2025, Meituan dropped one place from 18th to 19th, Ant Technology Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant and Baidu reported year-on-year declines, with 2026 revenues of 170.89 billion yuan (down 3.88%) and 129.079 billion yuan (down 3.04%), respectively, while other listed companies saw revenue growth.
Read sourceJD.com, Alibaba Lead Internet Firms on China's Top 500 Private Companies List; Ant, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba ranked highly, while Meituan, Ant Group, and Baidu saw their rankings decline compared to 2025. Meituan dropped one place from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu fell ten places from 69th to 79th. In terms of revenue, Ant Group reported 170.89 billion yuan, down 3.88% year-on-year, and Baidu reported 129.079 billion yuan, down 3.04% year-on-year. Other listed companies, including JD.com, Alibaba, Tencent, and Didi Chuxing, saw revenue growth. The report attributes the ranking changes to revenue performance.
Read sourceJD.com and Alibaba Rank High on 2026 China Private Enterprise 500; Ant Group and Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. ranked prominently, while Tencent, Meituan (Beijing Sankuai Online Technology), Didi Chuxing, Ant Group, and Baidu also made the list. Compared to 2025, Meituan dropped one spot from 18th to 19th, Ant Group fell five places from 41st to 46th, and Baidu declined ten places from 69th to 79th. In terms of revenue, Ant Group reported 170.89 billion yuan, down 3.88% year-over-year, and Baidu reported 129.079 billion yuan, down 3.04%. Other listed companies saw revenue growth. The report is attributed to Red Star Capital Bureau's analysis of the official list.
Read sourceJD, Alibaba Lead Internet Firms on China's Top 500 Private Enterprises List; Ant, Baidu Slip
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. Among internet and technology service companies, JD.com and Alibaba (China) Co., Ltd. were listed, along with Tencent Holdings, Beijing SanKuai Online Technology (Meituan), Beijing Didi Infinite Technology (Didi Chuxing), Ant Technology Group, and Baidu. Compared to the 2025 rankings, Meituan dropped one place from 18th to 19th, Ant Technology Group fell five places from 41st to 46th, and Baidu dropped ten places from 69th to 79th. In terms of revenue, Ant and Baidu reported declines year-over-year in 2026, with revenues of 170.89 billion yuan and 129.079 billion yuan respectively, down 3.88% and 3.04%. Other listed companies saw revenue growth.
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