Global Internet Market Leaders = Apple / Google / Amazon / Facebook / Tencent / Alibaba...Flush with Cash...Private Companies Well Represented Rank Company Region Current Market Q1:16 2015 Value ($B) Cash ($B) Revenue ($B) 1 Apple USA $547 $233 $235 2 Google / Alphabet USA 510 79 75 3 Amazon USA 341 16 107 4 Facebook USA 340 21 18 5 Tencent China 206 14 16 6 Alibaba China 205 18 15 7 Priceline USA 63 11 9 8 Uber USA 63 -- -- 9 Baidu China 62 11 10 10 Ant Financial China 60 -- -- 11 Salesforce.com USA 57 4 7 12 Xiaomi China 46 -- -- 13 Paypal USA 46 6 9 14 Netflix USA 44 2 7 15 Yahoo! USA 36 10 5 16 JD.com China 34 5 28 17 eBay USA 28 11 9 18 Airbnb USA 26 -- -- 19 Yahoo! Japan Japan 26 5 5 20 Didi Kuaidi China 25 -- -- Total $2,752 $447* $554* Source: CapIQ, CB Insights, Wall Street Journal, media reports. Market value data as of 5/31/16. * Includes only public companies. Note: For public companies, colors denote current market value relative to Y/Y market value. Green = higher. Red = lower. Purple = newly public within last 12 months (applied here to both eBay and Paypal given Paypal spinoff on 7/20/15). Yellow = private companies, where market value represents latest publicly announced valuation. Ant Financial and Didi Kuaidi valuation per latest media reports as of KPCB INTERNET TRENDS 2016 | PAGE 5/2016. Ant Financial treated separately from Alibaba as Alibaba retains no control of Ant and will receive a capped lump sum payment in the event of an Ant liquidity event. Cash includes cash and 187 equivalents and short-term marketable securities plus long-term marketable securities where deemed liquid.