Digital Media Index shows Chinese digital media companies overtaking US counterparts
Google tops the list with US$31.4bn in digital media revenues in the first half of 2014 (up 12 per cent year-on-year), over three times that of nearest rival Amazon at $10.3bn (up nine per cent y-o-y). Facebook is third with $5.4bn (up 66 per cent), narrowly ahead of Chinese internet service portal Tencent at $5.4bn (up 43 per cent). Web services company Baidu ($3.4bn, up 56 per cent) is the other Chinese firm in the world’s top six, behind Apple’s iTunes ($5.2bn).
Yahoo is the only one of the world’s top 10 to see digital media revenues decline year-on-year (down three per cent).
More about Strategy Analytics’ Digital Media Index.
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