ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Alibaba and Tencent climb ranks of top Asian earners during pandemic

Stay-at-home demand propels e-commerce and chipmakers

Alibaba, Tencent and Taiwan Semiconductor Manufacturing Co. each joined the ranks of Asia's top 10 companies by quarterly net profit. (Nikkei montage/Photos by Reuters)

TOKYO -- Major Asian tech companies have thrived in recent months despite the coronavirus pandemic, as stay-at-home demand reshuffles the ranks of the region's top earners in favor of companies such as e-tailers and chipmakers.

Chinese companies occupy seven of the top 10 spots in a recent Nikkei ranking, with Alibaba Group Holding and others placing significantly higher than last year. Fellow e-tailer was among those to ascend past hundreds or even thousands of businesses on the list.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more