As we all know, India, like China, is a populous country. Although its development speed is not particularly fast, there are also some powerful enterprises. Among them, Tata Group should be the largest private enterprise in India. Tata Motors, a subsidiary of Tata Group, ranks more than 200 in the list of the world's top 500 enterprises, far exceeding China's Xiaomi, Gree and other enterprises, and Tata Motors is only 1000 under Tata Group.
In this case, is there a big gap between Huawei and Alibaba and Tata Group in China? First of all, we all know that Jack Ma, the richest man in China, founded Alibaba, but in fact, even though he owns well-known brands such as Taobao and Alipay. Alibaba's annual revenue is only over 250 billion, while Tata Group's annual revenue level has steadily exceeded 700 billion, nearly three times that of Alibaba! The gap is really big!
However, Huawei is different. Although Ren, as the founder, can't even get into the top ten of China's rich list, and Huawei is not a listed company, its annual revenue has reached more than 720 billion, which is no different from Tata Group. And Huawei's current development trend is really getting better and better. Some people even analyzed that Huawei's actual valuation has reached 1.3 trillion, if possible.
Therefore, in fact, Huawei is the private enterprise that really makes money, and its development is getting better and better because it is willing to spend money on independent innovation and recruiting talents. What do you think of this?