ID :
201780
Wed, 08/17/2011 - 05:36
Auther :
Shortlink :
https://oananews.org//node/201780
The shortlink copeid
Sales at top Web firms grow 8-fold in decade: report
SEOUL, Aug. 17 (Yonhap) -- Sales for the world's Internet industry have grown eight times in the past 10 years due to the expansion of electronic commerce and Web search and portal services, a report showed Wednesday.
According to the report by the Samsung Economic Research Institute, sales of the top 500 listed Internet companies totaled US$170.6 billion in 2010, compared with $21.3 billion in 2000.
During the same period, sales in the IT industry rose 2.4-fold and the energy industry grew 4.2-fold, the report showed.
The report also said the total capitalization of the companies reached $588.8 billion, up from $108.4 a decade ago. Their total operating profit was $28.5 billion last year, turning from a loss of $11.4 billion in 2000.
Only three firms -- Amazon.com Inc., eBay Inc. and Yahoo Inc. -- were among the 10 biggest companies by sales both in 2000 and 2010, according to the report.
Over the decade, Asian Internet companies grew faster than U.S. firms, as five new businesses including China's search engine Baidu Inc., Japan's Yahoo Japan Corp. and South Korea's leading portal operator NHN Corp. have joined the ranks of the world's top 10 Internet service providers.
According to the report by the Samsung Economic Research Institute, sales of the top 500 listed Internet companies totaled US$170.6 billion in 2010, compared with $21.3 billion in 2000.
During the same period, sales in the IT industry rose 2.4-fold and the energy industry grew 4.2-fold, the report showed.
The report also said the total capitalization of the companies reached $588.8 billion, up from $108.4 a decade ago. Their total operating profit was $28.5 billion last year, turning from a loss of $11.4 billion in 2000.
Only three firms -- Amazon.com Inc., eBay Inc. and Yahoo Inc. -- were among the 10 biggest companies by sales both in 2000 and 2010, according to the report.
Over the decade, Asian Internet companies grew faster than U.S. firms, as five new businesses including China's search engine Baidu Inc., Japan's Yahoo Japan Corp. and South Korea's leading portal operator NHN Corp. have joined the ranks of the world's top 10 Internet service providers.
