Three companies from Shenzhen's Nanshan on the 2024 Fortune Global 500 list

This year's Fortune Global 500 list was released on August 5. Nine companies on the list are headquartered in Shenzhen, three of which are in Nanshan District, including Tencent, SF Express, and China Electronics.

(Photo: Official website of Tencent)

Tencent secured the 141st spot with an annual revenue of $86.02 billion. SF Express followed at the 415th position, generating $36.5 billion in revenue. China Electronics ranked 435th, achieving an annual turnover of $35.39 billion.

In 2023, Tencent made breakthroughs in multiple products and services, such as WeChat Video Accounts, advertising AI models, and gaming. Revenue from WeChat Video Accounts and Search ads, mini-game platforms, and Video Account merchants has driven gross profit and operating earnings growth to outpace revenue growth.

(Photo: Official website of SF Express)

SF Express, a household name in the express delivery industry, has become the largest comprehensive logistics service provider in China and Asia, and the fourth largest in the world. Its business has expanded to time-sensitive express, economy express, freight forwarding, cold chain logistics, pharmaceutical delivery, urban instant delivery, international express, international freight forwarding and agency, supply chain, and other logistics sectors.

(Photo: Official website of China Electronics)

This is the 14th consecutive year that China Electronics has been selected for the Fortune Global 500. Its official website shows that the company is a state-owned backbone directly managed by the central government, with the core business being network information technology. China Electronics has 189,000 employees in 24 listed companies and 663 member enterprises. With a total asset of 433.6 billion yuan, its business covers more than 60 countries across six continents.

cnbayarea.org.cn