Ministry of Industry and Information Technology: From January to May, China's scale-above internet companies achieved a revenue of 874.9 billion yuan from internet business, a year-on-year increase of 10.4%.

According to the Securities Times APP, on June 30th, the Ministry of Industry and Information Technology released the operating conditions of the Internet and related service industry from January to May 2026. From January to May, the revenue of Internet businesses maintained steady growth, while the total profit growth rate fell slightly and research and development expenditures continued to grow rapidly. The revenue of Internet businesses maintained steady growth. From January to May, China's scale above Internet and related service enterprises (hereinafter referred to as Internet enterprises) completed Internet business revenue of 874.9 billion yuan, an increase of 10.4% year-on-year, with the growth rate accelerating by 0.5 percentage points compared to January to April.