Sina, Sohu, NetEase, and Tencent were the four early portals.

Tencent is the most powerful, with the largest market value. After entering the BAT club, WeChat’s status is at its peak and cannot be shaken.

NetEase uses games as its entry point, and its news client, cloud music, and Koala overseas shopping have received continuous praise.

Sina used to be the number one portal, but now the portal is in decline. Weibo has been able to take advantage of innovative business, and it has embraced Alibaba.

Sohu has been in decline in recent years. The portal is declining, videos tend to "fall behind", and games are not good. Sohu does not look good.

Sina and Sohu are currently declining and lonely. Sina's skinny camel is bigger than a horse, and Sohu is at the bottom.