With more than 650 million Internet users and more than a billion cellphone users, China is the world's largest Web and mobile market. This enormous market is dominated by a handful of Chinese Internet companies, such as Alibaba, Tencent and Baidu, that have grown exponentially over the past few years. 2014 was a spectacular year for Chinese Internet business with the debut of Alibaba on New York Stock Exchange, whose current market value -- $250 billion -- is bigger than Amazon and eBay combined. What will 2015 bring to China's Internet industry?
1. Increasing competition
