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According to the rankings, China's richest individual remains Jack Ma, with a wealth totaling 400 billion yuan. Second on the list is Pony Ma, with a fortune of 390 billion yuan. A surprising newcomer to the rankings is the 66-year-old foun
According to the rankings, China's richest individual remains Jack Ma, with a wealth totaling 400 billion yuan. Second on the list is Pony Ma, with a fortune of 390 billion yuan. A surprising newcomer to the rankings is the 66-year-old founder of Nongfu Spring, Zhong Shanshan, who debuts at third place with a wealth of 365 billion yuan.
This year, the total wealth of the individuals on the list increased by nearly one trillion yuan compared to the previous year, reaching a staggering 27.5 trillion yuan. What makes them stand out with such an enormous wealth? Today, I'll take you on a journey to explore the high-quality domain names of the top 10 companies on this list.
1. Ma Yun Family (Alibaba Group)
Alibaba's official website domain is alibaba.com, and they also own numerous premium domain names, including alipay.com for their payment platform, yitao.com for Yitao, tianmao.com for Tmall, 1688.com for their B2B platform, taobao.com and tb.cn for Taobao. Additionally, they hold a total of 1888 domains. Alibaba Group's current market value is 6.47 trillion Hong Kong dollars.
2. Ma Huateng (Tencent)
Tencent's official website domain is tencent.com. They also acquired qq.com for Tencent QQ and protected qq.com.cn. Tencent holds 473 domain names, including valuable ones such as weiyun.com for Tencent Weiyun, webank.com for WeBank, we.com for which they spent 8 million USD, and weixin.com, for which they spent 30 million USD. Tencent's current market value is 5.42 trillion Hong Kong dollars.
3. Zhong Shanshan (Nongfu Spring)
Zhong Shanshan's Nongfu Spring, founded in 1993, uses the official website domain yst.com.cn. However, they have not protected the .cn/.com.cn variants of this domain.
Nongfu Spring's official website uses the composite domain name nongfuspring.com and protects nfsq.com.cn. They also own domains such as nfsqtzs.com.cn for "Nongfu Spring Bottled Water" and duoer.com.cn for "Duoer Capsules," as well as overseas brand domains like otakirisprings.com/.cn/.com.cn. In September 2020, Nongfu Spring was listed on the Hong Kong Stock Exchange with a total market value of 409.34 billion Hong Kong dollars.
4. Wang Wei (SF Express)
SF Express, a comprehensive express logistics service provider in China, uses sf-express.com as its official website domain. They acquired sf.cn at the end of 2013, which currently redirects to their official website. SF Express holds nearly 300 domains, including sf-express.cn/.com.cn/.net, sfexpress.com/.cn/.net, and many others related to their brand. SF Express's current market value is 405.295 billion yuan.
5. Xu Jiayin (Evergrande)
Evergrande Group's official website uses the English domain evergrande.com, and they have also protected .cn suffix domains for redirection. Their subsidiary companies also follow a similar naming pattern, such as evergrandespring.com for "Evergrande Spring Water," evergrandekhingan.com for "Evergrande Grain and Oil," and health.evergrande.com for "Evergrande Health." As a publicly traded company with a market value of 2001.52 billion Hong Kong dollars, Evergrande is keen on using "Evergrande" in their domain names, despite their length being less user-friendly for memorization and brand promotion.
6. He Xiangjian Family (Midea)
Midea, established in 1968, uses midea.com as its official group domain name. They have also protected a set of brand-related domains, including midea.cn/.com.cn/.net.cn and meidi.com.cn. Midea's current market value is 542.88 billion yuan.
7. Yang Huiyan Family (Country Garden)
Country Garden Group, the largest residential property developer in China, uses bgy.com.cn as its official website domain and has protected bgy.cn, countrygarden.cn/.com.cn, scitechtown.cn for "Science and Technology City," techtown.cn/.com.cn, etc. The company went public on the Hong Kong Stock Exchange in April 2007 with a current market value of 207.574 billion Hong Kong dollars.
8. Ding Lei (NetEase)
NetEase's official website domain is 163.com, and they also own numeric domains like 188.com and 166.com for various projects under the NetEase umbrella. They hold many valuable domain names, including youdao.com for their search engine brand "Youdao," weiyang.cn for "Wei Yang" agricultural products e-commerce platform, lofter.com for the "Lofter" microblogging platform, tryfun.com for NetEase Chunfeng, and Xiupin.com for e-commerce platform "Xiupin." In addition, in 2017, NetEase spent a six-figure sum to acquire kada.com for their Youdao CardCollab project through Yuming.com. NetEase's current market value is 474.388 billion Hong Kong dollars.
9. Huang Zheng (Pinduoduo)
Pinduoduo, a leading mobile shopping app in China specializing in C2B group buying, has a market value of 106.673 billion USD. Their official website domain is pinduoduo.com, and they also acquired the domain pinduoduo.net.
10. Qin Yinglin Family (Muyuan)
Muyuan Group, founded in 1992, primarily engages in pig farming and related businesses, including feed processing, pig breeding, and pig slaughtering. Their official website domain is the composite domain "Muyuan Foods" muyuanfoods.com, and they have protected muyuanfoods.com.cn/cn, among other brand-related domains.
From a domain perspective, the top ten companies on the list have all adopted domain names that align with their brand. Most of these domains consist of easily memorable phonetic elements, numbers, and abbreviation-based names. However, some traditional companies like Nongfu Spring and Evergrande have chosen brand domains that, while meaningful, are lengthy and complex, making them less conducive to user memorization and brand promotion. In the rapidly evolving digital economy, domain names represent valuable digital real estate, and those who secure them early stand to benefit the most from the digital wave.
According to Hurun Report Chairman and Chief Researcher, Hu Run, "Emerging industries, especially the digital economy, are experiencing explosive growth this year." The digital economy is currently in a period of robust development, and domain names are akin to prime real estate in the online world. Those who can secure them early will have a lasting advantage in the digital landscape.
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