Five trends shaping China's internet economy in 2020

South China Morning Post's Joey Liu offers an overview of the key macro-trends driving China's internet economy.

With 904 million internet users, China is the world's largest internet community and the top five Chinese internet companies – Tencent, Alibaba, Ant Group, Meituan-Dianping, and ByteDance – have a combined market cap and valuation of more than US$1.

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