As of the end of April 2016, Guangdong had 4,471 Internet Enterprises, accounting for 15% of the total of China, ranking the second, and second only to Beijing. From January to April, 2016, the Internet revenue of the province exceeded that of the basic telecom businesses for the first time.

 

Guangdong’s Internet industry is characterized by a large scale, a large number, accelerated mobility, improved Internet business eco-system and industrial chain. From January to April, 2016, the Internet revenue of the province exceeded that of the basic telecom businesses for the first time. In contrast, the Internet revenue in 2011 was less than 1/4 of the basic telecom businesses. More than 95% of the Internet revenue came from the information services. Of that, online games, e-commerce and advertising accounted for 58%, 16% and 11%, respectively. In the same period, the revenue from online games increased by 23.78% year-on-year, while the advertising revenue increased by 66.52% year-on-year, as a result of the rapid growth of Tencent online advertising, UC, and SM search businesses.

 

Source: Translated from Invest Guangzhou, June 8, 2016