That year, e-commerce company Amazon's market value was 476 billion U. Few companies have survived the burst of the dot com bubble and even fewer have managed to become internationally successful.
(founded in 1995), and the Chinese online giant Alibaba (founded in 1998), which have come to be some of the largest internet companies in the world. Having started as a Ph D project at Stanford University, the Google project slowly gained traction and is now the number one search engine in the world, with a market share of 90 percent on the search engine market.China's first foray into global cyberspace was an email (not TCP/IP based and thus technically not Internet) sent on 20 September 1987.It said "Across the Great Wall, we can reach every corner in the world" (simplified Chinese: By June 2014, there were 632 million internet users in the country and a penetration rate of 46.9%. in its global leadership in terms of installed telecommunication bandwidth in 2011.As of March 2017, there are about 700 million Chinese Internet users, and many of them have a high-speed Internet connection.Most of the users live in urban areas but at least 178 million users reside in rural towns.Declining ad revenue has led some publishers to hide their content behind paywalls.